Newsprint Paper From Canada
We
want to let you know that the Newsprint market is changing. Following a 2017
investigation by the US Department of Commerce into Canadian Newsprint plants
for dumping product into the US market, while unfairly subsidizing their own
market, approximately 25 Canadian Newsprint producers are being hit with
preliminary countervailing duties of about 6.5%.
Canada is the world's largest
exporter of Newsprint and the majority of the Newsprint sold in the US comes
from Canada. The US Department of Commerce will make a follow up decision on
the anti-dumping duties in March 2018 and US International Trade Commission
will be asked to make a ruling on the measures in August 2018. For now, we are
expecting increased prices on Newsprint as well as potential scarcity. We will
try to keep you abreast of the situation as new information becomes available.
We appreciate your business, and thank you for your support.
Our
suppliers are keeping us informed of this changing situation.
www.quickpakinc.com
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