Positive outlook for the forest products sector in 2021, says Moody’s

Positive outlook for the forest products sector in 2021, says Moody’s
Moody’s is optimistic about the outlook for the global forest products industry in 2021.    “Our 2021 outlook for the global paper and forest products industry is positive. We expect earnings growth across all subsectors following a rebound in economic activity and the flow through of higher paper packaging and pulp prices,” says Ed Sustar, Moody’s senior vice-president, in a statement.    “Demand will increase across most products in 2021, to the global GDP growth and increasing home construction and renovating and remodeling activity.”    The credit rating ...

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