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Mondi to Hike Price in Europe for Sack Kraft Grades

June 21, 2010 - Mondi said that it will increase the price for all of its sack kraft paper grades by EUR 100.

The price increase will be implemented for deliveries effective August 1 for all European markets, Mondi said.

Conny Josefsson, Sales and Marketing Director Kraft Paper, noted that prices have risen several times this year, but the announced increase will only return prices back to the level in the beginning of 2008.

Josefsson anticipates that prices may increase further towards the end of the year to compensate for the steep increases in raw material costs.

SOURCE: Mondi




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