It looks like Brazil will have to tighten monetary policy further if they wish to head off inflation. According to a central bank indicator Brazil’s economy expanded 9.35% in May compared to the previous year. This data comes on the back of tentative signs that the economy is cooling with the Brazilian Economic Activity Index for [...]
The pulp and paper sector in Brazil is fast becoming the third largest in the world.
In 2009 due to the international financial crisis the Brazilian pulp and paper industry had to postpone its investment programmes. However, thanks to the economy’s positive outlook and the emerging market’s increase in demand, most notably from China, those programmes [...]
A steel mill being built by 30,000 people and costing an astounding $8.2 billion is being announced at Brazil’s biggest private sector investment for 15 years. It is expected that this mill alone will boost Brazil’s annual steel exports by over 40%.
This is yet another electoral boost for President Lula, who was at Santa Cruz, [...]
Brazil’s Labour Ministry said on Monday that Brazil’s economy had added more payroll jobs in May than expected and a record number of payroll jobs were expected to be added in June.
In total the number of payroll jobs added in May come to 298,041, which is the fifth straight month of increases and is a [...]
Thirty two percent of all energy produced in Brazil is from biomass. Of this, firewood and charcoal account for 11.4% of the total. Brazil produced about ten million tons of charcoal, of which 84% was used in the steel industry for the production of iron, 8% for residential use and 8% for other activities. [...]
According to the Brazilian Association of Planted Forests, the planting of teak forests is one of the most rapidly advancing in Brazil.
In 2008 the cultivated area of teak increased 10% to almost 60000 hectares. In 2005 that number was 40,000 hectares. Reforestation projects have already attracted institutional forestry investors like pension funds and now [...]
Some forestry news from Brazilian timber investors. Brazilian pulp and paper maker Suzano is raising the price for Eucalyptus pulp from the beginning of November 2009.
A spokesperson for Suzano stated in the company’s Executive Summary, that global market pulp shipments from producers remained stable in the third quarter of 2009 and were 1.7% and [...]
