Moody‘s outlook for the global paper and forest products industry remains negative. This reflects Moody’s expectation that the industry’s global operating income will decline 5-7 per cent over the next 12-18 months.  Declining demand and lower paper packaging (both corrugated and consumer packaging), commodity paper and market pulp prices will be only partially offset by increasing wood product prices and modestly stronger demand for tissue, specialty paper and pulp.  Coronavirus will pressure demand and drive prices lower. The global economic outlook is deteriorating as the outbreak spreads. While logistics disruptions may ...