The paper market rumor is reporting 'official' newsprint price has dropped another $20/ton, after falling $15/ton over the last few months. The market appears headed for another shake-out. The demand for newsprint has become
very soft, as consumption is down nearly 8% YTD, and Stora Enso restarted its 195,000 tons per year of newsprint at Port Hawkesbury mill in November. Also, overcapacity in Asia and publishers' desire for pricing leverage is likely to bring some Chinese tonnage to the USA - the publishers don't need to bring in much paper to create a big pricing lever.
Paper.com has many sources for newsprint. Please call 888/papergreat for availability.
Wednesday, January 17, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment