- Thu, 01 Jan 1970 00:00:00 +0530
- Newsprint prices, which had corrected majorly through 2009, has started inching up again after bottoming out at about $460 in August-September. The price for the ongoing October-December quarter is $550 and industry sources say it is expected to go up to $575-600 for the January-March quarter. Through 2008, price of imported newsprint kept going up to touch $960, severely affecting the profitability of India’s print industry. Prices of Indian newsprint usually moves in line with international prices. Newsprint bill is usually the single largest cost component of newspaper publishers in India and hence the commodity’s price fluctuations have an inversely correlated impact on profitability. Newsprint prices have traditionally followed a cyclical pattern in the long term.
- Full Article: tag:contentnext.com,2009-10-23:article/419-cause-for-concern-newsprint-prices-start-inching-up-again//...print-prices-start-inching-up-again