By Kapila Bandara
Relative shortages of the low-grade paper, called newsprint, used by newspaper publishers, and price inflation, have regularly emerged to haunt the print industry.
Back in 1951, such a deficit drew the attention of the UN’s Economic and Social Council, which adopted a resolution, proposing solutions and asking the main consumers to cut down on consumption and paper mills to raise output, UN records show. The Food and Agriculture Organisation was asked to research raw materials and substitutes.
A study during the period showed newsprint prices had soared and production could not keep pace with demand. In the UK, in 1951, a tonne of newsprint cost US$163.80 from US$84.40 the year before, while in Belgium the price shot up to US$205 from US$112. [Read More]
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