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Magazine paper suppliers go for July price increases

09 May 2018 − 

More magazine paper producers have disclosed their price hike plans for deliveries in the second half of the year. The move comes amid good demand for publication on the market in Europe and should help to offset rising cost, say manufacturers.

Sappi plans to lift its sales prices for LWC and MWC grades by 6-8% from 1 July "due to continued cost increases and strong demand."

Italy's Burgo Group announced a 7-8% price increase for its LWC and MWC magazine paper grades. The price hike would be applied on all contractual and non-contractual businesses in Europe and Overseas and was necessary "in order to achieve a minimum sustainable profitability," the company announced.

Svenska Celullosa Aktiebolaget (SCA) is asking for a €40/t price hike for all deliveries of its coated and uncoated mechanical paper grades. The price hike was supported by a substantially stronger publication market and would apply for all deliveries as of 1 July 2018, SCA informed.

Burgo, Sappi and SCA are not the only suppliers asking for a price increase for July deliveries. Back in April, several more companies had informed their customers of a looming price hike for LWC, MWC and SC-Paper on the European market, according to EUWID's market sources.

This article is part of our latest coverage on the newsprint and magazine paper markets in Europe.

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