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Recent Articles

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RBC Capital: PPPC North American printing and writing paper stats for December show shipments fall, imports grow; operating rates decreased in Q4, and NA paper production up 2.0% year-over-year, with UCFS up 2.2%, CFS up 2.2%, UCGW up 0.9%, CGW down 5.0%

Global printing-writing paper demand falls 8.1% in November, marking ninth consecutive decline, while tendency continues negative for thirteen months; December prices flat to down slightly for freesheet grades, steeper cuts for groundwood in Europe: EMGE

Total US printing-writing paper shipments in December down 9%, purchases up 4% year-over-year; December shipments drop year-over-year for three of four major P-W grades, with sole increase in coated mechanical, but year-to-date results are flipped: AF&PA

Domtar's paper mill in Kingsport, Tennessee, resumes operations after two-year closure, US$350M investment to convert production to recycled linerboard from uncoated freesheet; mill recently produced its first roll of 100% recycled containerboard

RBC's top ideas for 2023 include North American paper, which remains very tight, and the same can be said in Europe and South America; Sylvamo stands to benefit from this imbalance, and addition of Swedish mill in January will be a welcome contributor

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