Price Increases Marked for 16th August
As the global economy continues to be challenged, so to do our global suppliers as they announce further price increases.
This demand for higher pricing continues to be fuelled by surging pulp prices and raw materials. Also contributing to the need for these increases is the constant news of closures and downtime taken by unprofitable mills. For this reason the markets of Europe and Asia can be described as tight with allocations and delayed shipments on both Coated and Uncoated papers and boards.
We highlighted this situation in our last price increase announcement on 13 May and therefore have no alternative to announce a price increase effective 16 August 2010.
For further detailed information into the issues driving this increase please read the attached Pulp & Paper Edge industry report.