Newsprint (paper used to print newspapers) has only enjoyed a $5.00/ton price increase so far this year, inspite of an announced $35/ton announcement in March. Prices for large publishers remained at $565/MT. The small printers may be paying a larger portion of the increase.
Mills such as Abitibi and Bowater have announced over 1million tons of downtime and Canfor and Tembec are considering downtime. The mill introduce down time as a means to control supply and thus pricing. Total production downtime in North America would account for 12% of capacity.
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