Periodic and moderate changes in the prices of raw materials are expected in the normal course of doing business. Year-long, global pandemics having long-lasting effects on the production and procurement of those materials are not. The pandemic has caused dramatic shifts in operating patterns within the paper industry, which have resulted in fluctuations in pulp … Read More ›
If you read our Q3 2020 Paper Market Update, you are aware of the upcoming increase of paper prices on December 10th from Verso, (SPC has quarterly price protection until deliveries on Jan 1, 2021). We were optimistic when we shared our confident statement that other mills would not follow suit, but … Read More ›
Less than a year ago, the paper market was stabilizing, there was a growing shift to an excess paper supply, and expectations for price decreases were on the horizon.
That all changed in Q2 with the sudden spring lockdowns and restrictions, hitting every sector of the economy hard. Economists call it supply shock: businesses literally could … Read More ›
COVID-19 has affected virtually every industry around the world, and paper is certainly no exception. North American demand for commercial paper fell year‑over‑year in April due to COVID-19 as well as other economic factors which impacted the industry as a whole. Specifically, coated paper saw a 35% decline in demand and uncoated paper saw a … Read More ›