PAPER PRICING: Pulp Nonfiction
Market volatility equals a murky short-term forecast for paper prices.
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T<%2Fspan>rying%20to%20decipher%20paper%20pricing%20trends%20is%20like%20scrutinizing%20snowflakes—the%20closer%20you%20get,%20the%20more%20complex%20they%20seem.%20Still,%20there%20are%20a%20few%20key%20factors%20when%20considering%20the%20current%20economics%20of%20the%20paper%20business,%20which%20has%20been%20subject%20to%20unprecedented%20forces%20during%20and%20in%20the%20wake%20of%20the%20recent%20recession.<%2Fspan>%0D%0A%0D%0A%0D%0Ahttps%3A%2F%2Fwww.bookbusinessmag.com%2Farticle%2Fpulp-nonfiction%2F" target="_blank" class="email" data-post-id="3123" type="icon_link">
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"A lot of the mills that have been built in China, Indonesia and Korea—the intent was that they would supply those growing Asian markets," Miller says. "As they have built these mills they have become a surplus exporter to Europe and America until the Asian market can catch up. [When that happens] that will reduce pressure on them to export." The rate of increase in production capacity has recently slowed in Asia, he adds.
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James Sturdivant
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