The increase in woodfree coated sheet prices on the German market follows on the heels of price hikes for coated reels.
Despite the continuing negative trend in coated woodfree paper demand, manufacturers have succeeded in implementing price hikes on the market in Germany. After several abortive attempts in recent months, suppliers have apparently made upward corrections to coated sheet prices in the course of August and September and will conclude the price round with October deliveries.
The price hike has reportedly been implemented in several small steps, taking effect on different dates for different companies. Since many contracts are still running, a major part of the transacted volumes will see higher prices in the fourth quarter. "In October at the latest, all buyers will have to pay more, say manufacturers.