Offshore Paper Usage — Mixed Emotions on the Rise

"Yes, we're seeing a plentiful supply of European coated free sheet with prices falling by 9 to 10 percent, compared to peak prices earlier this year," says Chris Grond, Quad/Graphics' purchasing manager. "But we're not buying any more—or less—than we normally would, which is about 5 percent."

Noting the flurry of market transactions, now being made at below-market prices, Grond claims he's still not buying. "Even if prices continue to fall," he says, "our domestic suppliers will respond and adjust accordingly."