The old paper is in stock immaterial 1999.04.15

The stock at the end of January declined 44% from the previous month by about 8,000 tons, according to the Kanto Paper Wholesalers ' Association and Shoko Chukin Bank. About one-fifth of the peak compared to about 42000 tons in July 1997. In Kansai, inventories at the end of February declined to more than 20% in the same month. It is a factor that increased exports to Southeast Asia and that the profit-cracking recovery company has advanced. However, it is also expected that the amount of stock will increase again after April 2000 when the volume method is fully implemented.