N.A. UFS Helped by Supply Cuts, Lower Inventories, Favorable Trade Flows
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North American repro bond estimated prices rose $5 - $10/ton to $1,085 - $1,135/ton, according to Mark Wilde, senior analyst with Deutsche Bank.. So far, he notes, producers have implemented $35 - $40/ton out of the $60/ton June 1 price hike. While demand remains weak, higher prices, he says, are aided by supply cuts, lower inventories, and favorable trade flows. In offset papers, estimated prices fell $10/ton to $935 - $955/ton. With the August decline, producers have been able to implement only $15 of a $40/ton April 1 price hike, Wilde points out.
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