Vehicle sales in Argentina rose a healthy 17 percent to 453,000 units in January-November †the higher figure since the 455,000 sold in the entire 1998 †on the back of a steady economic recovery accompanied by a favourable international scenario, the new chairman of the ACARA concessionaires association Dante Alvarez said.
Chilean wood pulp producers Copec and CMPC are cashing in on high cellulose prices, which rose to a year-to-date high of 708.7 US dollars a ton on Tuesday. This is the highest price for cellulose since 2002, the disastrous year when cellulose prices fell to 433.2 US dollars a ton.