Newsprint producers aim to boost newsprint prices in France as of Jan. 1, say market has tightened due to capacity cuts; current newsprint supply-demand balance in France described as relatively tight by industry sources
October 30, 2013
– A Jan. 1 newsprint price hike in France is to be proposed by producers, who aim to push for the increase in contact talks that have geared up in the past two weeks, reported Euwid on Oct. 29.
The newsprint market in France is relatively tight, with strong demand, according to most sources. However, actual newsprint consumption is expected to drop again in France this year.
Producers say the market has tightened due to supply reductions and is ready for a price hike, especially as their profit margins are completely inadequate, Euwid reported.
Suppliers have been gradually refusing some orders or requests for additional volumes.
Most newsprint producers have settled on a price hike stance for the next round of price talks. Improved newsprint prices are expected to go up by less than standard newsprint, reported Euwid.
The primary source of this article is Euwid, Gernsbach, Germany, on Oct. 29, 2013.