Meanwhile, he cites recent Pulp and Paper Products Council statistics that show newsprint demand in North America fell by 14 per cent in 2019 while inventories rose by more than 20 per cent, both indicative of lower pricing to come.
Demand could drop further, Quinn points out, if McClatchy Co., the owner of the Miami Herald and second-largest newsprint publisher in the United States, succumbs to its well-publicized financial problems. He says certain North American newsprint prices fell by US$10 to US$15 per tonne in January, adding to an approximately 12 per cent year-over-year decline and feeding speculation of another price cut next month.
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