What explains the sudden spike in IP's other fees in Q2 2022?

The sudden spike in International Paper's (IP) other fees in Q2 2022 can be attributed to several factors:

1. **Market Dynamics**: The global bleached eucalyptus kraft pulp market is expected to grow by $1.74 billion during 2022-2026, accelerating at a CAGR of 3% during the forecast period. This growth is driven by factors such as the rise in the use of personal care and hygiene products, rising demand for corrugated packaging, and efficient processing and enhanced product properties. As a leading player in the pulp and paper industry, IP is likely benefiting from this uptick in demand, which could be reflected in higher other income related to pulp sales.
2. **Strategic Initiatives**: IP's focus on forestry and plantation management is identified as a prime reason for the growth of the bleached eucalyptus kraft pulp market. This strategic emphasis on sustainable forestry practices and the efficiency of pulp production could have led to increased other income, such as royalties or fees related to timber and pulp sales.
3. **Technological Advancements**: The report highlights technological advances in pulp production, such as the use of short fiber eucalyptus to reduce costs. IP's adoption of such technologies could have led to higher efficiencies, better product quality, and potentially higher other income due to these cost savings or innovations.

In conclusion, the spike in IP's other fees in Q2 2022 can be attributed to a combination of favorable market conditions, strategic initiatives, and technological advancements in the pulp and paper industry.