Rising Fiber Costs Spur Newsprint Price Hikes

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In the newsprint sector, all major North American producers have announced a $50/metric ton price increase, to be implemented in two installments of $25/metric ton each on May 1 and June 1, according to Wilde. With this, AbitibiBowater has now announced four consecutive monthly hikes totaling $100/metric ton during the first half of this year. AbitibiBowater attributes the hikes to rising fiber costs and a need to "provide an economic return."