UK newsprint prices up slightly as of Jan. 1, following conclusion of contract talks, with standard 45g newsprint up slightly more than improved newsprint; producers sought higher increases, say order books were strong in December, weaker in January
January 23, 2014
(Industry Intelligence Inc.)
– Newsprint prices have increased in the United Kingdom as of Jan. 1, with average prices for standard 45-gram newsprint up by slightly more than prices for improved newsprint, reported Euwid on Jan. 23.
With nearly all newsprint agreements settled by mid-January, the U.K. is again one of the first markets to conclude talks. Terms on prices and volumes had been reached by a number of buyers and sellers as early as last month, to take effect Jan. 1
With many producers reporting strong order books in December, they were disappointed the price increases were not higher. They indicated that their business has weakened somewhat in January.
The U.K. newsprint price increases might have been moderated somewhat by the stronger pound-euro exchange rate, Euwid reported.
The primary source of this article is Euwid, Gernsbach, Germany, on Jan. 23, 2014.