Experts: Newsprint prices in Europe expected to fall next year
Sep 08, 2009. Newsprint prices in Europe are expected to be 4.7% lower 2010 than 2009. Magazine paper prices are also expected to drop.
Sep 08, 2009. /Lesprom Network/. Newsprint prices in Europe are expected to be 4.7% lower 2010 than 2009. Magazine paper prices are also expected to drop, as Papernet reported.
According to Nordic forest industry analysts, newsprint prices in Europe are expected to fall 4.7% next year, compared to this year. A survey among forest industry analysts by SME Direkt indicates expectations concerning newsprint price development between -10.0% and +2.0%.
"There are two major factors that will influence the newsprint prices for next year. One is how much the prices will fall during the last months of 2009, and another is the price difference between USA and Europe," forest industry analyst Henri Parkkinen said.
The price difference between USA and Europe might give American producers a possibility to export some of their over capacity to Europe, some analysts beleive.
According to another survey among analysts, SC prices are expected to be 2.6% lower 2010 than 2009. LWC prices are expected to fall 3.6% 2010 compared to 2009.