Wednesday, October 18, 2006
Newsprint Pricing Stable or possibly Declining
Producers of Newsprint (the paper used in newspapers) continue to witness pricing pressure. The pricing for 30 pound - standard newsprint continues to be flat even with the announced September announcement of $40 (initially announced for August). Buyers’ strong rejection (and depressed spot market pricing) have forced producers not to enjoy ANY increase – in fact, industry rumor outlines Newsprint now is actually transacting at $655/metric ton (from the market list price of $670). Consumption has fallen nearly 8%.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment