Link: Indian paper cos push through price hikes supported by costlier imports
(Mumbai, March 09, 2017) Since January, most paper companies have raised prices at least twice, believing demand-supply balance will return and imports will get costlier. Prices of most varieties have gone up by three to four per cent; over a year, by eight per cent, on average. A higher price for wood pulp globally has had a big role in making imported paper costlier. The price has risen in three months by about 20 per cent, to around $600 a tonne. Said an official from a top-grade mill, “Indian companies are less dependent on imported wood pulp; they have their own domestic …
To read complete report Go To: “Pricing power returns for paper makers on costlier imports”(Source: Business Standard, India)