Recovered paper has become very expensive and demand for coreboard is said to be robust, with buyers having a hard time securing their supplies at times. Prices for coreboard therefore went up during the first quarter of the year.
Mounting recovered paper costs have made adjusting coreboard prices in Italy inevitable over the past few months. Manufacturers saw their margins eroded despite exceptionally good order books because recovered paper prices skyrocketed to record high levels and other items like energy and plastic also became more expensive.
In addition, coreboard manufacturers reported robust demand from within Italy and on the export market during the first quarter. Market players mentioned low inventories at core plants, delivery delays and lengthy lead times for coreboard of up to eight weeks, at least for new customers or additional amounts.
In the last full week of March, suppliers were already planning additional increases for coreboard in April against this backdrop.
This article is an excerpt from EUWID's report on the monthly paper market in Italy.
Find the EUWID Price Watch Italy for March in EUWID Pulp and Paper issue no 13/2021, which will be available to our e-paper and print subscribers as of 31 March.