Corrugated Carton Box Prices to Increase in Malaysia
March 14, 2014 - According to a report in the Business Times, the Malaysian Corrugated Carton Manufacturers’ Association indicated that prices for corrugated carton boxes and related products will increase as of April 1.
The report did not say how much the price increase would be.
According to MCCMA, the price hikes are due to the rising cost of raw materials and imposition of the minimum wage policy.
“Our cost of production has increased to the level that we are unable to absorb any more,” MCCMA added.
SOURCE: Business Times (Malaysia)