Monday, November 28, 2005

Paper Market update

Estimated transaction prices on both uncoated offset and uncoated business papers (cutsize) rose $5/ton in November. This may be the result of energy-related surcharges and other raw material cost increases. October shipments were down approximately 1.4% from last year. Uncoated paper shipments are reported down 3.6% for the year versus last year through this time.
Coated paper prices appear to remain stable and, in fact, some free sheet grades may have witnessed a $5.00/ton increase in November. This market continues to be very competitive. Many machines producing coated papers have been closed, thus yielding an artificially tight market.

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