Paper prices continue to climb.

The article reports on the increase in the prices of paper in the U.S. According to Blake Hutchinson, director of purchasing for Arendell Corp., most coated mills announced five to seven percent price increases starting January 1, 2008. Paper price increases are said to be associated with mill closures and increasing energy and manufacturing costs. Michael Wade, vice resident of business development at Wade paper Corp., added that capacity decline also influences the price of coated paper.