Sappi Europe hikes printing paper prices
(Brussels, Belgium, Sept. 14, 2017) Due to an unexpected further sharp rise in raw material prices, Sappi Europe is forced to continue passing on this cost inflation by increasing its WFU (woodfree uncoated) and WFC (woodfree coated) Sheets and Reels grade prices from October 2017 onwards by 5-8%.
Despite strong order books and good operating rates, margins continue to be depressed by this severe input cost inflation.
Sappi’s sales representatives will be in touch with their customers to agree on the specifics over the next weeks. (Source: Sappi)
Cover Image courtesy Sappi (representational purposes only)