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With the decision, the third quarter newsprint assessment for Asia will only include India, the biggest importer of the grade in the region, and is due to be published on September 8, 2023, while the fourth quarter assessment will be published on December 8, 2023. The second quarter newsprint assessment, the last one before the discontinuation, was published on June 30.
The discontinuation is to reflect low buying and consumption in Hong Kong, Taiwan, Thailand, and Singapore, after years of structural decline in those areas.
The consultation on this proposal began on June 16 and ended on July 16.
Grades impacted:
1342 Hong Kong Newsprint, 42 g, $/tonne
1129 Hong Kong Newsprint, 45 g, $/tonne
1344 Singapore Newsprint, 42 g, $/tonne
1133 Singapore Newsprint, 45 g, $/tonne
1346 Taiwan Newsprint, 42 g, $/tonne
1137 Taiwan Newsprint, 45 g, $/tonne
1345 Thailand Newsprint, 42 g, $/tonne
1135 Thailand Newsprint, 45 g, $/tonne
To provide feedback on the proposed discontinuation or if you would like to provide price information by becoming a data submitter, please contact Seema Goenka by email at: sgoenka@fastmarkets.com. Please add the subject heading ‘FAO: Seema Goenka, re: newsprint assessments in Hong Kong, Taiwan, Thailand, and Singapore.
To see all Fastmarkets RISI pricing methodology and specification documents see here.
To see all Fastmarkets RISI pricing notice please see here.