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Not long after revelers congregated in Times Square to watch the ball drop, signaling the start of 1998, paper prices reflected the first increase of the new year.
"It was three dollars per hundred weight or roughly 6.5 percent on a typical 40/45 lb. number four or five sheet," relates Bruce Janis, president of MSPGA: Management Science for the Publishing and Graphic Arts, of the first-quarter jump.
MSPGA Internal Paper Analysis Market Prices Charged by 10 Sample Printers |
|||||
  | 45 lb. No.5 | 40 lb. No.5 | |||
Printers (anon.) |
Nov. | Mar. | Nov. | Mar. | |
A | $42.90 | $45.75 | $45.76 | $48.75 | |
B | $41.85 | $44.86 | $44.20 | $47.00 | |
C | $43.75 | $46.75 | $43.00 | $46.00 | |
D | $44.55 | $48.68 | $47.52 | $50.25 | |
E | $44.59 | $47.50 | $50.55 | $52.50 | |
F | $42.55 | $45.70 | $44.10 | $47.25 | |
G | $45.55 | $48.00 | $46.85 | $50.00 | |
H | $42.90 | $45.90 | $47.52 | $50.52 | |
I | $41.56 | $44.50 | $50.22 | $53.00 | |
J | $45.75 | $48.75 | $48.50 | $51.50 | |
Mean | $43.60 | $46.64 | $46.82 | $49.68 | |
Source: MSPGA Management Science for the Publishing and Graphic Arts (New York) Questions or comments may be directed to MSPGA at (888) MSPGA14. HTTP://www.MSPGA.com |
The increase was an anticipated reflection of a continued strong economy. "What's happening is that we came off a very strong fourth quarter. The first increase of '98 is holding," reports Janis.
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