European Recycled Containerboard Producers Proposing Price Hikes

Jan. 26, 2011 - Recycled corrugated case material producers in the UK reportedly have initiated price negotiations for European markets with the intention of increasing prices for all recycled grades, effective with deliveries February 1.

According to European news provider EUWID, it has learned from "insiders" that "in principle" the potential price hikes could also apply to the British market. However, market players noted that manufacturers, if it is feasible, first want to wait and see whether and how much prices rise on the Continent before taking similar action in the UK.