For the Fourth Quarter of 2021
In India, demand for paper had reached pre-covid levels by the final quarter of 2021 as offices reopened after lockdowns due to the pandemic. The packaging sector grew by almost 10%. Paper prices rose as a consequence of the rise in input costs such as energy and chemical prices, as well as a rise in transportation costs. Imported pulp prices rose heavily during the quarter, which was a rare event. The pulp prices stabilised a bit later on but were estimated to go up eventually. The rise in pulp prices was a result of the price rise in lumber, affecting cellulase prices as well.
In the US, Rayonier Advanced Materials Inc. announced that it will increase prices for all its cellulase products by at least 15-30% to help the company adjust for the impacts of cost inflation throughout its global supply chain. In the second half of 2021, the company experienced a marked increase in major components of its cellulase input costs such as freight, fibre, energy and chemicals and therefore increased the price of cellulase products to supplement ongoing costs.
For First, Second and Third Quarters of 2021
The spot prices for pulp in Asia skyrocketed in the months of February and March. The spike in pulp prices was mostly due to an increase in freight costs due to ocean freight shortages. An surge in demand for at-home tissues, while demand for away-from-home tissues decreased owing to lockdown limitations, was another reason pushing up pricing. Paper towels and premium toilet tissues have seen a market change in China.
As a result of the rise in production costs, the Burgo group increased its graphic paper prices in Europe by 15%. Energy, chemicals, and pulp prices increased, which in turn increased the prices of paper. The rise in transportation costs from China and Asia in general also contributed to the price rise in Europe.
In North America and Europe, several printing and writing mills experienced a shortage of pulp supply following the low demand in the previous year which had brought down the pulp prices.
For the Year 2020
Increased pulp costs put pressure on the entire industry in Q4 of 2020, and it persisted into 2021, leading pulp prices in China to nearly quadruple. The Chinese market had grown pulp and paper consumption, with tissue and packaging/board growth driving strong demand in China. The pulp price in China was in the range of 550-700 USD/MT. Since cellulase is the basic component of paper and paperboard, the increase in pulp prices affected cellulase prices as well.
In 2020, the pulp market had been hit hard by the low demand which brought down the prices of pulp. Several printing and writing mills in North America shut down temporarily or permanently as a response to the shift in demand dynamics.
Procurement Resource provides latest prices of Cellulase. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Procurement Resource provides prices of Cellulase for several regions around the globe, which are as follows:
Cellulases are extremely important enzymes in both the industrial and natural worlds because they contribute significantly to the global carbon cycle by degrading insoluble cellulose to soluble sugars. Because there are seven different protein folds among the ten true cellulase families, cellulases are the most diverse class of enzymes that catalyse the hydrolysis of a single substrate. Endoglucanases, exocellulases, and processive endoglucanases are the three types of cellulases, each with its own mode of action and structure.
Cellulase Production via Fermentation of Fungi
Cellulase enzymes are manufactured industrially by fermenting highly developed strains of filamentous ascomycete fungi.
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).