Most producers announced a March $60/ton hike on cut size (copier) and offset rolls. However, prices have been under pressure all quarter – transaction paper prices are down $10/ton and $15/ton in rolls and cut size, respectively. As previously noted, raw material costs are all rising - it's hard to believe uncoated white paper prices sliding too far.
Meanwhile, International Paper announced plans to curtail 120,000 tons of capacity from the market by the end of April – idling two machines.
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