Newsprint: shipments down
September 9, 2003 By Pulp & Paper Canada
The Pulp and Paper Products Council reported that North American newsprint mills operated at 90% of their capacity…
The Pulp and Paper Products Council reported that North American newsprint mills operated at 90% of their capacity in July.
To date this year, mills have used 90% of their capacity compared to 87% for the same period last year.
Total newsprint shipments were down by less than 1% in July, due to a 7.5% contraction in Canadian demand. Demand in the U.S. was at the same level in July as it was last year.
North American deliveries to offshore markets were also flat year-over-year, as a drop in shipments to Latin America offset the export gains made in Asia and Western Europe.
By the end of July, North American mill inventories had decreased by 7,000 tonnes from the preceding month.
U.S. dailies consumed 1% more newsprint year-over-year in July, bringing the year-to-date figure to +0.8%. At the end of July, U.S. dailies increased their stocks by 54,000 tonnes to a level equivalent to 43 days of supply.
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