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Dwindling consumption and the strong pound squeezing British publication paper prices

Price development for newsprint 45 g in the UK in July 2014
Source: EUWID
05 Aug 2014 − 

Newsprint and magazine paper manufacturers had to bow to their customers' demands and bring their prices a little closer to those charged in many Continental European markets.

Market players in the UK wrapped up their last round of price talks early last December with hikes that were relatively sizeable compared with the results of the later deals in mainland Europe. What is more, the pound Sterling has gained considerable ground against the euro and the US and Canadian dollars over the same period. This market set-up is making the UK more appealing to a few suppliers; however, demand for publication papers has further deteriorated since December. As a result buyers and sellers had agreed on lower prices as early as June or in July at the latest.

This article is an excerpt from EUWID's monthly report on the paper markets in the UK. The EUWID Price Watch UK for July will be published in EUWID Pulp and Paper no. 32 on 6 August.

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