According to the report, total printing-writing paper shipments decreased 25 percent in June compared to June 2019. U.S. purchases of total printing-writing papers decreased 25 percent in June compared to the same month last year. Total printing-writing paper inventory levels decreased six percent when compared to May 2020. U.S. purchases of uncoated free sheet (UFS) papers in June decreased 28 percent compared to last June while the inventory level decreased eight percent compared to May 2020. UFS imports and exports both decreased compared to May 2019, down 26 percent and 44 percent respectively. Coated free sheet (CFS) paper shipments decreased 13 percent compared to June 2019 while the inventory level decreased two percent compared to May 2020. CFS imports increased two percent while exports decreased 42 percent in May 2020. click read more for additional statistics
On 21.5.2018, the Helsinki Court of Appeal rendered its judgment in a case in which Metsähallitus claims damages from Metsäliitto Cooperative, Stora Enso Oyj and UPM-Kymmene Corporation based on their conduct on the wood market in 1997–2004. In its judgment, the Court of Appeal rejected the claims made by Metsähallitus and ordered Metsähallitus to compensate the defendants’ legal costs.
The total amount of the joint and several claim for damages made by Metsähallitus in the Court of Appeal was 124.9 million euros. Metsäliitto Cooperative’s share of the capital of the claimed damages was 39.1 million euros. In addition, Metsähallitus claimed compensation for indirect damages, VAT, interest and compensation for legal costs.
The Helsinki Court of Appeal has in its judgement concluded that the companies’ conduct has not been shown to have had a lowering impact on wood prices in 1997–2004.
The judgment of the Court of Appeal is not final.