Friday, September 26, 2008

Coated Publication Groundwood Market Continues to be Soft

September pricing for groundwood coated grades remained flat, after increasing in both August and July. Mill and printer inventories have been rising and consumption falling. Producers are taking down time to maintain discipline in the market.
Also, we note in the Groundwood market - trade reports suggest a private equity buyer is close to acquiring Tembec's idled St. Francisville, LA mill (300K tpy of coated capacity).

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