Summary of Uncoated Wood Free Market

Overall summary of Uncoated Woodfree market includes
-Weyerhaeuser, Domtar, Boise all announced a $40/cwt ($800/ton) price increase.
-Grades includes copy paper, reply card, opaque, and forms bond
-Paper.com predicted this would not be successful - and to date - this increase has been pushed back twice
-Producers felt they could capture this increase because of
-Increased costs (chemicals, energy, benefits, freight)
-North American capacity closures - 6 paper machines; 640,000 tons; 4.1% of capacity last 12 months.
-Seasonal upturn in demand
-New higher brightness sheet now offered
-New Uncoated sheet offering
-International Paper was first to announce increasing brightness from 84 to 92 on offset and 88 to 94 on opaque.
-IP produces 3.5million tons of uncoated paper (entire North American capacity 13million tons)