Demand continues to fall off for uncoated free sheets (business papers and offset) while prices decline $10-25/ton in February. The markets are becoming over supplied (coated producers are 'lifting' the coater and marketing uncoated paper) making the market for cutsize very competitive. Shipments from traditional uncoated mills fell nearly 20% for both January and again in February versus a year ago.
Some mills continue downtime
Domtar - Plymonth, NC 295,oootons
SMART - Hamilton, Ohio shutter 2 paper machines - 48,000tons
On the other hand, Portucel reports they will EXPAND USA sales once new 500,000TPA machine starts up this summer.
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