Newsprint Remains Soft
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North American newsprint estimated prices remained flat at $640/metric ton for the 15th consecutive month in November, Wilde says. But underlying fundamentals remain challenging. SP Newsprint filed for Chapter 11 protection, while White Birch is currently under bankruptcy protection and Catalyst Paper's liquidity appears stretched. Demand remains soft. White Birch is idling its 550,000 metric tpy Stadacona newsprint and uncoated mechanical mill in Quebec City, Que., Canada.
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