Ministry of Finance (MOF) has decided to reduce tariff rate of newsprint, writing/printing paper and drawing papers, etc. by 7 – 12% that comes into effect after 15 days from gazetting. According to the 71/2008/QĐ-BTC decision signed to promulgate by The Prime Minister of MOF,

Prices have dropped for recovered fiber in China and Southeast Asia. Sources attributed the decline to several factors, including the slow summer season and meagre purchasing due to inflation-related problems.

Despite continuing slow demand, the announced 12% price increase on corrugated boxes in North America is going through in the wake of the recent $55/ton containerboard price increase.

A major market pulp producer informed North American customers today that it will lower its price for northern bleached softwood kraft (NBSK), effective September 1 until further notice, RISI has learned. Montreal-headquartered Domtar plans its Sept. 1 list price for NBSK pulp at $870/tonne, according to industry contacts.

BRUSSELS, Aug. 22, 2008- Global producer pulp deliveries slipped by 0.8% year on year in July, decreasing to 3.406 million tonnes, according to the Pulp and Paper Products Council. But shipments were slightly up, 0.4%, from 3.392 million tonnes in June