Friday, 19 November 2010

Warning over sharp newsprint price rise for 2011

Newsprint price increases of between 25 and 30 per cent are being asked for by all paper producers for 2011, with no guarantees that the price can be held for 12 months, according to the latest edition of Production Journal.

PJ editor Gary Callum says: "Sensitive negotiations are under way that could have far-reaching impact on the industry. PJ hopes that buyers and sellers will go on record next month when they are closer to the ‘done deal’.

"Publishers have been hurting through reduced revenues and fast-moving business models and have little more to cut by way of reduced paginations and smaller formats."

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