Brazilian pulp giant Suzano: If the US-Iran war continues, global prices of toilet paper and tissues will rise

With rising transportation and chemical costs, related companies are seeking to pass on these high expenses. Paulo Leime, Managing Director for Europe, Middle East, and Africa at Suzano, said: "Without a doubt, costs are rising across the entire system and value chain... This will inevitably put pressure on paper prices. If this crisis continues... inflation will return across a range of products, not just paper and tissue." The US-Iran war has caused oil prices to soar, pushing up Suzano's costs for shipping, trucking, rail transport, and chemical procurement. (Reuters)