Suppliers announce price hikes for GC board in Poland

Price development for GC II in Poland
09 Oct 2018 − 

Buyers and sellers are embroiled in talks about GC cartonboard prices in Poland. A price increase seems very likely, but the timing is not clear yet.

All key European GC cartonboard manufacturers have informed their customers of plans to charge more from 1 November, often at or after an industry meeting held by the European Carton Makers Association (ECMA) in Riga, Latvia on 20 September. The entire sector is now pulling together after a smaller company had initially sent out a notification in summer and one of the market leaders also got involved in late August.

Buyers talking to EUWID were aware that paying more was inevitable given that cartonboard mills are not working at sufficient profit margins.

The size and timing of the mark-up now had to be negotiated. While prices in many contracts cannot be modified until 1 January at the earliest due to their terms, manufacturers said that they want to create more pressure where possible and correct prices before the year's end.

This article is an excerpt from EUWID's report on the paper markets in Poland.

Find the EUWID Price Watch Poland for September/October, which will be published in EUWID Pulp and Paper issue no 41/2018 and will be available to our e-paper and print subscribers as of 10 October.

Want to find out more? Check our subscriptions or test EUWID free of charge.

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