July.
Buyers understand future market conditions to remain in their favour despite
capacity curbs and closures at UPM, Holmen, Stora Enso and Norske Skog.
Some
movement returned to the newsprint market in Italy in late May. Prices for magazine paper should also soon be heading upwards, if suppliers get their way. A first move in this regard was made by some of the leading European manufacturers at the end of May. The mark-ups demanded by producers were usually €25-40/t or 5-7% and would apply to all shipments from 1 July. Some other suppliers told EUWID they were planning to follow suit soon, but were still considering how high their price increase would be.
