With just a few exceptions, newsprint prices for the second half of the year turned out to be bigger than paper producers had wanted to allow until just recently. Some more modest price reductions have been negotiated for improved newsprint.
The reversal in fortunes on the newsprint market is certainly primarily connected to a chronic downturn in paper consumption amidst virtually unchanged manufacturing capacity. Another factor in international trade is that more material is staying in Europe than last year when a lot was exported at attractive conditions. What is more, a few market players report that north American and Russian paper suppliers are more active on the western European market again.
This article is an excerpt from EUWID's monthly report on the paper markets in July.
Find the EUWID Price Watch UK for July in EUWID Pulp and Paper issue no 30/2019, which will be available to our e-paper and print subscribers as of 24 July.
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