Sappi Europe to increase prices further for its Woodfree papers
8 May 2017
Following the implementation of the price increase for Woodfree papers during April of this year, it has become apparent that raw materials prices, particularly pulp, are continuing to increase very sharply. Despite strong order books and good operating rates, margins continue to be depressed by this severe input cost inflation.
Sappi Europe will consequently implement a further price increase for its Woodfree papers from June 15th , 2017. To recover the increased raw material costs sufficiently so that a viable margin can be achieved, a total price rise of a minimum of €70/ton or equivalent currency from quarter 1 2017 price levels will be necessary.