Magazine paper prices in Italy decline in contracts settled for Q3 and H2, effective as of July 1; LWC prices were especially competitive due to oversupply conditions, SC paper highly volatile at top end of price range
Sandy Yang
LOS ANGELES
,
August 1, 2012
(Industry Intelligence Inc.)
–
Italian prices across all grades of magazine papers have declined in recent contract settlements for this year’s third quarter and second half, effective July 1, due to weak market conditions, according to some market players, reported EUWID-Paper on Aug. 1.
Some strategic transactions concluded at spot prices. Supercalendered (SC) paper was especially volatile, especially at the high end of the price range, according to reports from Italy.
Competition is especially severe for lightweight coated (LWC) paper because it is in greater oversupply than SC paper. Coated magazine papers prices are said to be too high to attract retail advertisers and even print magazines, the sources said, EUWID-Paper reported.
The primary source of this article is EUWID-Paper, Gernsbach, Germany, on Aug. 1, 2012.
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