RUP

Australian Newsprint Paper Prices


Market analyst UBS has provided guidance as to Australian newsprint paper prices. The analyst predict that FY08 newsprint prices are likely to be down. The pricing period for FY08 Australian newsprint has started. Recent weakness in the US dollar price and Australian dollar strength could mean that Aussie dollar contracted price actually declines - markedly at odds with our previous assumption of a further 7% hike.

Rural Press (RUP): Best Performing Company


Rural Press (RUP) was the best performing company listed on the Australian Stock Exchange (ASX) this week (Winner of the week for week 49 of 2006). The Rural Press share price closed the week 14 percent higher after Fairfax (FXJ) announced its friendly takeover of Rural Press, creating one of the largest digital and print businesses in Australia worth about $9 billion.

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