Newsprint Pricing

Much to my surprise, Newsprint producers are enjoying at least a portion of the announced price increase. Surprised because the demand for newsprint continues to decline. Interesting observation includes the re introduction of East / West coast pricing. The East coast end users are paying nearly $15/ton more than the West Coast. AbitibiBowater will take an additional 150,000tons of down time beginning of 2009 - in addition to the previously announced curtailments for end of 2008.