North American newsprint demand grew 3.8 percent
in March compared with a year ago, according to the latest industry statistics
released by the Pulp and Paper Products Council.
Newsprint consumption by all U.S. daily
newspapers has not yet been released.
In February, U.S. dailies’ consumption declined
0.6 percent year-over-year. February’s decline in consumption followed two
months of increases year-over-year, 2.8 percent in January and 1.2 percent in
December.
North American producers operated at 91 percent
capacity in March producing 1.16 million tons of newsprint, up 5.8 percent from
one year ago. North American mill stocks dropped 18 percent year-over-year, but
grew 5,000 tons from February to end the month at 396,000 tons. Stocks at
Canadian newsprint mills increased 2,000 tons from February to March, according
to the PPPC.
Canadian newsprint producers operated at 95
percent capacity in March and produced 741,000 tons, an increase of 5.3 percent.
Canadian shipments of newsprint to the United States were up 6 percent to
452,000 tons.
In the U.S., newsprint demand grew 3.1 percent to
a preliminary number of 843,000 tons. U.S. newsprint producers operated at 85
percent capacity, compared to 78 percent last March.
March’s newsprint statistics come just as North
American newsprint producers are in the midst of implementing a proposed
$50-per-ton price increase.
To date, producers have been able to implement
half of the increase, raising the price of newsprint 9.9 percent,
year-over-year.