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ENCE suffers loss in the first quarter

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Published in issue 25/1999
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Due to lower pulp prices, the Spanish pulp producer ENCE suffered a net loss of Pta317m (first quarter 1998: + Pta269m) in the first quarter of 1999. Pulp prices in the first three months of the current year were on average 17% lower than in the same period one year earlier. However, the group said, positive results ...

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