Paper Prices in UK Set for 5 – 10 Percent Increase
Paper producers say the price hike is the result of rising costs for raw materials, including recycled paper, combined with the fluctuating exchange rate between the British pound and euro.
Dec. 2, 2016 (PrintWeek) - Most of the major papermakers have sent letters, seen by PrintWeek, out to paper merchants over the past few weeks to confirm that prices are about to go up by between 5% and — more commonly — 10%.
Fedrigoni UK has made the first move, pushing prices of the majority of its product portfolio up by between 5% and 8% on all deliveries from last Monday (21 November).
Smurfit Kappa is increasing prices of its white lined chipboard (WLC) qualities from its Baden and Hoya mills by GBP 60 per tonne for deliveries from today (1 December).
On 15 December, The Navigator Company will increase prices for its uncoated woodfree products. It is expecting to add a minimum 6% increase per grade. The rest of the price increases will happen between 1 and 3 January 2017.
Arjowiggins Graphic will raise coated and uncoated, recycled and woodfree paper prices by 10% — for both sheets and reels — on 1 January while on the same day UPM intends to push prices up by 10% on all of its coated and uncoated fine papers, reels, graphic sheets and publication grades.
Asia Pulp & Paper's Calington sales arm will increase prices on all woodfree coated grades from Gold East Paper Company and Gold Huasheng Company by 10%, impacting orders placed in January 2017 for February shipment.
Stora Enso will increase prices on all deliveries of its coated and uncoated woodfree paper grades — both sheets and reels and inclusive of cut size papers — by 10% from 2 January.
From the same date, Arctic Paper will advance pricing across all of its grades, sheets and reels by 10%, Lecta will increase its prices on all deliveries by 10% and International Paper will raise prices on all grades and brands of its uncoated woodfree products by a minimum of 5%.
Finally, from 3 January, Burgo UK will increase prices of all Burgo Group products by 10% and Suzano Pulp & Paper will push prices up on all orders of its uncoated woodfree paper products by 5%.
The reasons given by most mills . . . the full story is available at: www.printweek.com.