Newsprint consumption by US dailies fell 2.3% in the month of June, according to the Pulp and Paper Products Counci…
Newsprint consumption by US dailies fell 2.3% in the month of June, according to the Pulp and Paper Products Council. This marks a 1.2% decrease from last year, for the first six months of the year. The month of June also witnessed a drop of 7% in newsprint shipments, year-over-year. Deliveries by Canadian producers fell 10% and US newsprint sales registered a 1.3% decline. North American deliveries were reduced as a result of a 24% drop in exports and a 3.1% decline in sales to the US market. To date this year, exports have declined 7%, while deliveries to the US have remained unchanged. As a result, total shipments fell 4.1% year-to-date. At the end of June, North American mill inventories had decreased by 11,000 tons from the preceding month, closing at 314,000 tons.
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