Wednesday, February 20, 2008

Another Wave of Price Increases

On the uncoated front, Domtar, International Paper, Georgia Pacific and Evergreen have all announced a $60/ton March price increase on 50lb offset rolls, with other uncoated freesheet grades set to follow. The increase comes shortly after many producers announced a $60/ton increase on business papers for February
Note: demand for uncoated is actually weaker; however, the market remains tight because capacity is shrinking (reduced by 1.4Million tons in ‘07), with further capacity reduction scheduled in 2008.

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