Newsprint price rise predicted

Jefferson Smurfit Corporation expects a $75 per ton increase in the price of newsprint from March 1st, according to its president…

Jefferson Smurfit Corporation expects a $75 per ton increase in the price of newsprint from March 1st, according to its president and chief executive officer, Mr Dick Graham.

He believes the industry will be able to implement an increase in the price of containerboard in the first half of 1997, after a year of falling prices in 1996. This is despite a failed attempt before Christmas to achieve a $30 dollar per ton increase in the price of linerboard against a background of good demand and low inventories. Page 2