Fast forward half a century and paper prices are through the roof, ramping up the pressure on newspaper publishers everywhere, including in New Zealand. Australian paper industry analyst Tim Woods said New Zealand was vulnerable without its own manufacturer, due to the "tyranny of distance". The strength of the US dollar was making it worse, and Buist expected newsprint prices to rise another 25-35 percent by mid-2023. Photo: Norske SkogFor years, paper prices had dropped, so this was a justified correction from being 35-40 percent behind, he said. Infometrics said StatsNZ data showed pulp, paper, and paperboard input prices had risen 7.2 percent to June 2022, the fastest annual increase since the data series started just over a decade ago.

Source: Stuff October 21, 2022 05:49 UTC