Prices for fine papers (graphic and specialty papers) in Europe fell sharply last year, a downward trend that continued into the end of the year.
But now, major graphic paper producers – including The Navigator Company, Sappi, Burgo, and Lecta – are attempting to reverse this trend and have announced price increases. These companies justify the hikes by citing low paper prices and the high cost of raw materials, energy, logistics, and labor, according to Euwid.
The Portuguese group The Navigator Company was the first to raise its prices in Europe. The company announced a 5% to 8% increase for all deliveries of uncoated, wood-free office and offset papers, effective January 2nd.
The fine and specialty paper producer Lecta has announced a price increase across its entire range of wood-free, double-sided coated papers. Prices will rise by 8% starting April 1st, the company stated. The Italian group Burgo plans to raise prices on its wood-free coated and uncoated papers and sheets by at least €50/ton for deliveries beginning April 1st.
Sappi Europe also plans to increase prices on its wood-free coated papers before the end of the first quarter. The company announced a €50/ton price increase for its CWF sheets, effective March 16th
