Nippon Paper Industries to Increase Prices for Printing and Communication Papers
Nov. 6, 2018 - Nippon Paper Industries Co., Ltd. has announced price revisions for printing paper and communication paper in the domestic market to all its agencies, effective with shipments from Jan. 1, 2019.
The price for printing papers, including wodfree colored paper, will increase by a minimum of 20%, while the price for communication papers, including business form paper, PPC paper, etc., will increase by a minimum of 10%.
Nippon Paper Industries said despite cost reduction measures such as adjusting production capacity to match declining domestic demand for printing paper and facing rising prices of a number of raw materials and fuels, the current selling price level of its products can no longer be maintained.
Nippon Paper Industries produces coated and uncoated paper, including specialty grades, and paperboard. To learn more about Nippon Paper Industries, please visit: www.nipponpapergroup.com.
SOURCE: Nippon Paper Industries Co., Ltd.