In recent weeks, buyers and sellers on the British LWC paper markets
put pen to paper on more agreements covering the first three or six months of 2019. These contracts frequently contained price increases.
However, by the beginning of December demand on the LWC market had calmed noticeably compared with the first half of the year, insiders confirmed. This was inevitably perceived as the market weakening, insiders added.
Although LWC manufacturers continued to describe their workloads as satisfactory, a few insiders voiced doubt whether this situation would continue for long. At some point in the near future, dwindling paper consumption would catch up with the significant capacity cutbacks carried out in recent years. The era of the LWC business being seller's markets might be over soon, one market player remarked.
This article is an excerpt from EUWID's monthly report on the paper markets in the UK.
Find the EUWID Price Watch UK for December in EUWID Pulp and Paper issue no 50/2018, which will be available to our e-paper and print subscribers as of 12 December.
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