North American paper producers expected to raise prices



16 August 2006 — New York (NY): North American paper producers are preparing to increase prices in the autumn due to rising costs, according to Mark Wilde, a Deutsche Bank analyst.


Wilde reported that Boise Cascade has recently announced a price increase of $40 per ton for a range of uncoated free sheet papers.


According to Wilde, price rises are not surprising because costs for pulp are continuing to rise and white paper mills are fighting hard to break even.


Wilde believes Weyerhaeuser has postponed its August price rise to September and International Paper will announce its own price rises at the end of September or early October.