Another downturn in consumption and comparatively high prices in France meant that manufacturers had to grant their customers discounts in contracts for the third quarter or the entire second half.
The tide has now turned for French newsprint prices, as had looked likely in recent weeks and months. Another downturn in consumption and comparatively high prices in France meant that manufacturers had to grant their customers discounts in contracts for the third quarter or the entire second half. The majority of deals had already been struck in France during July.
One additional factor for the French market was that its newsprint prices had been relatively high because deals were done early on during the last round of price talks in December. Markets such as Germany did deals very late and saw comparatively low prices. This variation in prices alone exerted a certain degree of pressure on French prices.
