Uncoated Free Sheet Outlook Mixed

U.S. 20-lb repro bond estimated prices were down $15/ton in May to $1,045 - $1,095, Wilde notes, adding that all of the major producers have announced a $60/ton cut-size price hike for early-June. "Our discussions with trade contacts suggest that this price increase announcement may be more of an attempt to clean-up low-end pricing deals. The combination of a weak U.S. dollar and rising market pulp costs are helping to create a healthy pricing floor," he says.

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