Newsprint shipments to Asia up 40%
June 9, 2003 By Pulp & Paper Canada
North American newsprint mills operated at 90% of their capacity in April and produced 0.8% less newsprint than the…
North American newsprint mills operated at 90% of their capacity in April and produced 0.8% less newsprint than the same month last year.
According to the Pulp and Paper Products Council (PPPC), total shipments declined 1.4% year-over-year, due mostly to a 1.8% fall in U.S. demand and a 4.7% decrease in exports. However, sales to overseas varied between the major offshore markets. Shipments to Western Europe and to Latin America fell 15% and 18%, respectively, while deliveries to Japan grew 4.5% and those to other parts of Asia jumped by 40%.
At the end of April, North American mill stocks remained largely unchanged, decreasing by only 2,000 tonnes month-over-month to 395,000 tonnes.
In April, total U.S. newsprint consumption was up 0.6% over last year, bringing the year-to-date increase to 1.1%. Stocks at dailies came down 29,000 tonnes from their March level and at 858 000 tonnes, represented 40 days of supply.
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