Monday, April 02, 2007

Coated Free Sheet Market

Most producers have announced $50-$60/ton hikes on lower grade coated free sheet for March. Rising pulp costs and capacity reductions are both helping to firm the market. However, the biggest domestic issue is duties on Asian imports. Preliminary countervailing duties on Chinese, Indonesian and Korean imports are 18%, 21% and 2%, respectively. The next step
is a Commerce Department ruling on antidumping duties, due out on May 29th. Domestic shipments rose 10% in February ahead of possible duties on Asian imports.
Paper.com has all the major producer's coated papers - available and ready for immediate shipment.

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