The Paper industry continues to face challenges on prices given the slowing economy and raising US Dollar. There is also much pressure from the market on producers given falling production costs with the reduction in pulp, energy, transportation and certain chemicals.
List prices of Uncoated Free sheet are discounted $30-40/ton for rolls. International Paper, Domtar, and Boise have all announced machine closures, idling, or market downtime.
Coated Groundwood - paper used for Magazines and catalogues - continue to witness slow demand and suppliers have done well by reducing capacity to stabilize pricing. NewPage, Verso, Kruger, Domtar, and AbitibiBowater have all announced market downtime.
Shipments are down 9.5%.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment