N.A. Coated Free Sheet Markets Continue Decline
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Estimated coated free sheet (CFS) prices (No. 3 60-lb rolls) fell $10/ton to $985 - $1,005/ton in January, Wilde also reports. In December, he says, prices fell ˜$15/ton. According to PPPC, December shipments were essentially flat, +0.5% y/y. "This is better than the 2011 decline of 4.1% y/y. December operating rate = 85% (2011 = 91%). We continue to watch NewPage closely in the wake of its bankruptcy filing," Wilde points out.
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