Yesterday, we issued a release from UBS on the industry, today, the American Forest and Paper Association reported preliminary printing and writing paper increased 10.7% (4.435 million tons)in the first quarter of 2010.
Total coated paper shipments through 1Q rose 20% to 1.743 million tons with coated freesheet volume up 17.1% to 881,700 tons and coated mechanical shipments up 23%, to 860,000 tons. Total uncoated paper shipments rose 5.4% to 2.692 million tons in 1Q with uncoated mechanical shipments up 27.3% vs. last year, and uncoated freesheet up 2.2% to 2.275 million tons.
Note, these statistics are still preliminary (and slightly different than UBS). Of particular note - both reports illustrate increased demand.
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2 comments:
Very encouraging.
Finally, some good news for the industry. Let us hope this lasts.
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