Coated woodfree paper prices may come under pressure in Europe

Coated fine paper prices have gradually edged up during the first half of the year in Europe. But the market is showing
signs of softness as summer holidays approach and some suppliers fear prices may come under pressure.
A couple of producers are thinking about taking some downtime during the summer in a bid to keep prices steady. They hope the move will stand them in good stead for a possible hike later in the year.
A handful of producers have already announced plans to raise prices by 5-8% in September. Suppliers expect the market to tighten once the latest capacity closures begin to impact the supply pipeline.