North American newsprint market into the trough-Iota

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News > Dynamic industry > North American newsprint market into the trough

North American newsprint market into the trough

In recent years, the North American newsprint market has been facing downward pressure on demand, according to statistics newsprint demand in North America at an annual 6% to 7% of the rate of decline, the current North American newsprint market supply and demand, the ongoing capacity adjustments to adapt to the market demand for newsprint is necessary. January 2014, the North American newsprint market and nearly 360,000 tons of production capacity out of the market. But coupled with the downturn in the North American newsprint export markets recently, especially in the Asian market, which is the North American newsprint shipments in 2014 is even worse, but also lead the North American newsprint eight months of 2014, the operating rate fell to 92% level, the price also continued to decline, now is the downturn in nearly three years.
According to the analysis of the North American newsprint relevant agencies present structure of production and demand and forecast future demand for newsprint that within the last four months of 2014, the North American newsprint market will usher in a new round of capacity shut down or converting. PCA in September 2014 has made the production capacity of 213,000 tons of newsprint wrapping paper converting; Resolute Forest Products company also announced that it would shut down its two newsprint production line located in Canada's Quebec Baie Comeau mill, total capacity of 250 thousand dollars tons.

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