Stationery printers in Surrey, B.C., will be interested in a recent report that forecasts that the stocks of prominent printing companies will be expected to increase in the future. Richmond’s Catalyst Paper is profiled in a recent Globe and Mail report as having a stock that may be worth considering at the price it is currently trading it.
This recommendation comes as part of a broader theme in the report, which examines how the "beaten-down" forest sector in Canada may finally be on the upswing again. One of the causes for cautious optimism in the article dealt with the revelation that the decline in demand in the North American newsprint market was far less than it had been in recent, past years. The decline in demand in 2010 will only be in the single digits, while the demand in past years had been up in the double digits.
Further boosting the outlook for Catalyst Paper Corp. is the comment by its chief executive officer, Kevin Clarke. Recently, Clarke stated that the producer discipline had improved. However, despite this bullish and more optimistic nature of Clarke’s comment, the article still warns that the increase in prices is capped since consumers can only stomach a certain amount of an increase at a time.
Catalyst Paper Corp. is Western North America’s biggest maker of printing paper that is mechanical; it is also viewed as something of a leader in business practices that are sustainable.
Stationery printers in Surrey, B.C., may see this improvement in the stock price of Catalyst as a harbinger for their whole industry in general.
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