Preliminary figures are in for December 2008 shipments and it appears volumes are still under pressure. Printing and writing declined over 20% from December of 2007. Production for Uncoated freesheet is estimated to be down 12%; coated free- down 25%; publication coated Groundwood – down 35%; and uncoated Groundwood – down 27%. Clearly, manufacturers must evaluate curtailing even more tonnage to prevent a flood of unwanted paper. Newspaper readership, magazine ad pages, and catalogues all declining. Major printers such as RR Donnelly and Quad are taking presses off line.
Prices are following demand with Publication Coated down $35-70/ton and Uncoated Free down $5-15/ton.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment