The pulp industry is poised to stay in the doldrums through summer on a typical seasonal slowdown that's grown more acute as markets limp along through a weaker global economic setting and earlier weakness in softwood spreads to the hardwood sector, where producer stocks posted a surprising increase in June. Weaker demand has led producers around the world to shop for new destinations to move pulp, raising competition in virtually every region during a time when prices and demand typically ebb and mill inventories rise.
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