World’s biggest pulp producer Suzano considers selling products to China priced in yuan – chief executive
World’s biggest pulp producer Suzano considers selling products to China priced in yuan – chief executive

World’s biggest pulp producer Suzano considers selling products to China priced in yuan – chief executive

 

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Suzano SA, the world’s biggest producer of hardwood pulp, is considering selling its products to China priced in the yuan.

China’s currency is growing in importance and smaller customers there are requiring deals linked to the renminbi, Suzano Chief Executive Office Walter Schalka said in an interview with Bloomberg News. 

China is the largest commodity buyer and accounts for 43% of Suzano’s pulp.