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That explosion you heard was definitely something else, not an increase in paper prices. Uncoated free sheet experienced a first quarter boost in some circles, but a number of observers wonder if they will take hold.
In short, nothing's changed since the first quarter. The market is still as "soft" as it was in the second half of last year, and some pundits are actually predicting prices will reach the rock-bottom level realized in 1996.
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