First producer to kick off new price round for GC cartonboard

Source: EUWID
12 Sep 2017 − 

Cartonmakers' year-end business picking up

The first announcement of a firm price increase by a major Scandinavian virgin-fibre producer has been made in the GC cartonboard market. The manufacturer is seeking to increase prices for shipments from 1 November onwards. Other producers are readying their customers for possible action in conversations, market experts told EUWID. If producers stuck to their usual approach of announcing price hikes six weeks in advance, further actions will follow in the weeks ahead or at the latest before the ECMA congress, which will take place in Salzburg on 21 and 22 September. Contacts anticipate that the first concrete talks between manufacturers and converters will commence in the coming weeks.

The industry generally appears to be running at good capacity utilisation. Both cartonboard and folding box manufacturers were encountering demand. Year-end business was picking up, EUWID was told. Lead times for GC cartonboard are reportedly still quite high, but appear to vary significantly. For instance, some sources quoted lead times averaging four to six weeks, with others mentioning up to eight weeks or even longer in isolated cases.

 This article is an excerpt from EUWID's report on the paper markets in Germany. The EUWID Price Watch Germany for September will be published in EUWID Pulp and Paper no. 40 2017 on 4 October.

Our weekly newsletter's print and e-paper versions keep busy professionals up-to-date on the latest news from European pulp and paper markets.

Test EUWID Pulp and Paper free of charge and without any obligation by clicking here.

Tags of this news:

previous − Norske Skog announces plan for new recapitalisation proposal, Citibank issues acceleration notice for 2019 SSN

Kruger to venture into specialty papers, reduces publication paper capacities  − next