{
  "id": 6880747,
  "title": "Rayonier Advanced Materials’ (RYAM) Pricing Power Is Surging, But Volumes Tell Another Story",
  "url": "https://urgent.news/2026/09/11/rayonier-advanced-materials-ryam-pricing-power-is-surging-but-volumes",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-11T03:13:52.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/rayonier-advanced-materials-ryam-pricing-031352186.html"
  },
  "original_language": "en",
  "account": "Rayonier Advanced Materials (RYAM) reported stronger-than-expected second-quarter results on August 4, with net sales increasing 18% to $376 million and losses narrowing to $33 million. CEO Daniel Krawczyk highlighted the company's commitment to completing a strategic review by the fourth quarter of 2026. The High Purity Cellulose segment showed pricing strength, with 21% year-over-year and 8% sequential increases in Cellulose Specialties pricing, driven by new 2026 supply agreements. This, combined with lower wood costs and improved operating rates, led to a 45% year-over-year increase in operating income for the segment. However, Cellulose Specialties sales volume dropped 23% year-over-year as the company focused more on cellulose commodities production. The Paperboard & High Yield Pulp segment experienced a widening operating loss, partially due to a $13 million impairment on high yield pulp assets and a planned maintenance outage. The company ended the quarter with a consolidated net secured leverage ratio of 4.2 times covenant EBITDA and $145 million in total liquidity, with $57 million in cash on hand. Hedge fund ownership increased to 33 funds, while short interest was at 6.62% of float. The stock trades at a forward P/E of 7.41, indicating potential significant moves once the strategic review outcome is known.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}