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Burgo, Sappi and SCA announce magazine paper price hikes

08 Nov 2017 − 

LWC, MWC and SC-Paper prices could increase by up to 8 % from January 2018 if producers get their way.

More publication paper manufacturers have announced their plans to increase coated and uncoated magazine paper prices from the start of the next year. The price move was motivated by higher production costs and/or good demand, according to the companies involved.

Italy's Burgo Group announced a 7-8% price increase for its LWC and MWC magazine paper grades for all new orders from January 2018. The price hike was necessary "to ensure the sustainability of the industry after continuous rising costs and consequent erosion of profitability," the company explained.

According to Sappi, order books are strong but the margins are depressed by the severe input cost inflation. The company said it would continue passing on this cost inflation by increasing its LWC and MWC grades prices by 6-8% from 1 January 2018 for all markets

SCA sees an improved global market balance as well as improved demand for printing. Against this background, the Swedish publication paper manufacturer is asking for a €40/t price hike for its coated and uncoated mechanical reel paper on the market in Europe

In mid-October, Germany's magazine paper manufacturer Leipa had announced a €30/t price hike for LWC, valid for all grades and markets with effect from January 2018.

This is an excerpt from our latest coverage on the newsprint and magazine paper markets in Europe.

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