Double-figure drop in Arauco Wood Products’ sales

Slack demand and high stock levels continue to cause problems

The “Wood Products” division of Celulosa Arauco y Constitución S.A. of Santiago de Chile, Chile, generated sales revenue of US$790.9m (Jan.-March 2022: US$1.020bn) in the first quarter of 2023. Besides the lost sales registered for quite some time now, lower average prices also contributed to the 22.4% reduction aga...

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