Feed:
23
- Date:
12/22/2007
- Views:
1,631
The drop in U.S. newsprint demand picked up speed in 2007 and prices have fallen for three straight quarters, effectively wiping out the gains posted in 2005 and early 2006.
While the losses appear to be leveling out and prices are at cash cost levels—indicating they can’t fall much further—chances of a recovery appear remote unless producers can find a way to cut their losses fast.
More............