Saturday, December 02, 2006

North America Slows World Demand Growth

It appears worldwide demand for Printing and Writing grades is experiencing slower growth. While the world demand increased 11 million tons from 2000 to 2006 (7 million from Asia alone) – North America declined 500,000 tons.
RISI, a large paper consulting company, predicted world demand will increase only 2.6% this year, and 2.3% for 2007, and 4.3% for 2008.
The slow growth is mainly attributed to the increase of the Internet and electronics – yielding less paper consumption. Also, we wonder what affect the USPS postal rate increase might have – most likely it will be a negative impact on paper.

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