Wednesday, June 5, 2013

Four Mills Announce Newsprint Price Hike

Four North American newsprint producers - two in the East and two in the West - have announced $40/tonne price increases effective July 1 on shipments of 30-lb (48.8 gsm) newsprint, with other basis weights increased accordingly.
The four companies' combined capacity accounts for about a third of overall newsprint production capacity in North America.
The first company to announce, White Birch, informed its customers of the hike on May 30. Kruger, Norpac and Howe Sound have all announced similar increases of their own this week.