Not surprisingly, paper price increases of 2018 have adversely impacted demand for many grades, and led to grade migrations to achieve cost savings. Coated paper markets have loosened as we head into 2019, and mill lead times are shrinking. GP just announced a March mill closure that will eliminate approx. 8% of the uncoated freesheet market capacity in North America. The newsprint market has loosened and projected declines in demand will force further mill closures.
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