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European Mechanical Paper Markets a Mixed Bag in November

Jan. 4, 2010 - Europe's newsprint market recorded a 22% increase in shipments overseas year-on-year, which translates into an increase in exports of 27,000 tonnes, reported CEPIPRINT.

The increase puts year-to-date newsprint exports at nearly the same level (-0.3%) as the same period last year. However, there was a 10% (87,000 tonnes) reduction in European domestic deliveries, with the largest drop in tonnage volumes seen in the UK, Germany and Italy, CEPIPRINT added.

European demand in the SC-magazine paper sector decreased 4.0% (13,000 tonnes) in November compared to the same period last year. Total European shipments were down 6.5% (26,000 tonnes) with the drop in exports split between North America and Oceania, CEPIPRINT said.

November shipments of coated mechanical reels to "Outside Europe" were flat (0.9%) on the previous year, but domestic shipments fell 11% (72,000 tonnes) with Italy, France and Germany posting the largest declines.

The uncoated mechanical sector saw a 22% (7,000 tonnes) rise in exports last month with Turkey importing a large portion of the increase. Domestic shipments were down 10% with the reduction evenly split across the main markets for the uncoated mechanical grades, CEPIPRINT noted.

About CEPIPRINT
The Association of European Publication Paper Producers, CEPIPRINT, is a legally and financially independent association based in Brussels, Belgium. It is a non-profit making organization funded by its members, who are manufacturers of newsprint and magazine paper grades in Europe.

CEPIPRINT membership currently includes 52 companies belonging to 17 independent groups, over 60 paper mills and 165 paper machines in 13 European countries.

SOURCE: CEPIPRINT




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