In a surge that surprised buyers and sellers of pulp alike, worldwide chemical market pulp producer inventories increased by five days of supply at the end of July from June's total, a bulge that's big even for an industry that's accustomed to large inventory builds during the slower months of summer. A decline in shipments to nearly all key regions led producer stocks to 39 days overall with bleached hardwood kraft (BHK) leading the way up, the Pulp and Paper Products Council (PPPC) reported Tuesday.
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