Nippon Paper to hike printing paper prices

Photo: SCG Paper

Nippon Paper Industries has announced price revisions for printing paper and communication paper in the domestic market to all its agencies.

Products subject to price revisions: All kinds of Printing paper and communication paper, and converting paper

Markup: Minimum 10%

Timing of implementation: From Febrary 1, 2015 shipment

Reason for implementation: While the rapid depreciation of Japanese yen trend continues, the prices of raw materials and fuels are in an upward trend. Although the Company has made sustained efforts to reduce costs, it has proven difficult to absorb all the cost increases through the Company's own efforts, and it was decided that there was no alternative but to pass the cost on to the product prices.