Newsprint Finally sees a Positive

Newsprint inventories look to be falling and several buyers are scrambling for paper. We understand the $20 of $25 Fall price hike was finally paid in December, with publishers' finally agreeing to the paper producers’ earlier announcement. Note, North American Newsprint prices will continue to rising to meet European producer price levels -
roughly $200/mton above USA.
Trade reports suggest that producers may attempt for $60/ton increase for the first half of 2008. Finally, all the shuttered Newsprint capacity may just be paying off for the producers.