Coverage note: Proposed changes to UK newsprint coverage - implementation
BRUSSELS, July 4, 2019 (PPI Europe) – BRUSSELS, Jul. 4th, 2019 ( PPI Europe ) – Following consultation with stakeholders and as previously announced, Fastmarkets RISI has made the following change to its UK newsprint assessments:
Assessments for 40-g newsprint are now based on a half-yield formula, using the 42.5-g price as a starting point. The half-yield formula consists of adding 3.125% to the basis price.
Previously, Fastmarkets RISI based its assessments for 40-g newsprint on a full-yield formula, using the 45-g price as the basis: Pa = Pb/a*b.
The move is intended to better reflect current trading in the UK newsprint market.
Fastmarkets RISI conducted a market consultation on this change from April 19 to May 18th. No negative feedback to the proposal was received.
For comments and queries, please email email@example.com, mentioning “UK Newsprint” in the subject line of the email.
For more information on RISI’s methodology for European graphic paper markets, please see here.
For related coverage notes see here.