According to CNN, the price of toilet paper in the United States has increased by 15.6% in the past year, driven by the rising price of wood pulp. Pulp industry analysts say the price of pulp has risen from $606 a ton in September to $907 a ton in April. Never in the history of the industry has there been such a big increase.
It is understood that about 70% of the pulp used by American tissue manufacturers is imported from Brazil, and about 30% is imported from Canada. According to the report, the rise in pulp prices is the latest example of the US economy facing a shortage of raw materials. Previously, there was a shortage of wood, steel and chips in the United States. The shortage of a variety of raw materials for production has prompted market participants to issue early warning on the prospect of inflation in the United States.
Some analysts said that the U.S. inflation rate is likely to rise sharply, and it may rise to 3% to 4% by the middle of next year. In the US, inflation was 2.6% in March.
Post time: May-13-2021