SAO PAULO , Jan. 29, 2014 (RISI) -
As the starting month of 2014 unfolds, stability is the keyword in the Brazilian newsprint market. The low levels of demand reached during the third quarter of 2013 remain, as the market, meeting the expectations of many participants, closed out the year with an average 10-15% retraction, according to suppliers. January and February are seen as traditionally slower months, thus no changes are expected at least for the first 30-45 days of the first quarter of the year.
"2013 was one of the worst years in the decade for the newsprint business. We currently don't have any high expectations. If we manage to pick up a 10% improvement in the market in 2014, it can already be considered a good year," a supplier commented.
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