Sappi Europe to maintain WFC prices to end of 2023

Sappi: decision will support customers during Q4
Sappi: decision will support customers during Q4

Sappi Europe has said it will keep prices for its Woodfree Coated Paper grades stable at their current level for the remainder of 2023.

In a statement, the packaging and speciality paper manufacturer said that it had made the commitment in an effort to address prevalent supply chain uncertainties and to maintain the commercial viability of its Graphic Paper business.

“This commitment facilitates customers’ ability to commit to business in advance of the traditionally busier fourth quarter for the printing industry,” it stated.

“Market conditions are similar across the region, but obviously diverge between countries and segments and as such Sappi Europe’s sales personnel is always available for these individual customer specifics.

“Sappi Europe remains fully committed to serving the printing business and will work closely with our customers to ensure the best possible outcome throughout the print media value chain.”

Sappi Europe is a division of Sappi Ltd (JSE), headquartered in Johannesburg, South Africa.