Tuesday, December 04, 2007

COATED FREESHEET UPDATE

Coated Free Sheet prices are rising, with the price on No. 3 60lb coated rising $5/ton in September, after a $30/ton increase in August. Prices continue to rise in October up another $20/ton. Chinese mills have done an met with success on antidumping duties as well as boosting the content of mechanical pulp in their paper and have shift almost all of their lost CFS tonnage to LWC. Also, the US Government recently ruled against the new tariffs for the coated Freesheet grades. as reported earlier in Paper.com news release. NewPage attempted to have these grades included under the antidumping ruling. NewPage is also suggesting that they will soon file antidumping charges against European coated producers. Anyones guess as to whether the price increase will now stick.

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