Two more manufacturers up paper prices
Wednesday, March 4, 2020
Paper manufacturers Burgo Group and Lecta are the latest to confirm price rises for their products in the European market.
Italy-based Burgo is to increase prices by 5%-7% for all sheets and reels of its uncoated woodfree (UWF) and coated woodfree (CWF) grades for European deliveries from April and in all other overseas markets immediately.
Meanwhile, Spanish manufacturer Lecta confirmed a price increase of 5% to 7% on all its two-side CWF and UWF grades in sheets and reels in all European markets as of 20 April.
“The continuous increase in manufacturing costs makes the price increase unavoidable,” according to a statement from Lecta, which is now implementing changes with its customers.
Burgo and Lecta are the latest paper companies to announce price increases, following on from Sappi in February, which announced that its woodfree coated and woodfree uncoated paper reel and sheet prices would go up by 5%-8% from 14 April.