Coated Groundwood Demand Soft

  |   Coated Groundwood

Demand continues to be soft in 2014 due to weak advertising and magazine circulation as well as reduced Catalog circulation due to Postal increases. Prices have stabilized after seeing 6 months of decreases. A lack of imported paper has not offset the reduction in Demand. An attempt to announce an increase by some mills was not supported by most. The NewPage-Verso merger (which might take care of the over-supply situation) continues to be on hold as Verso cannot get bondholders to accept their offers.