German coreboard producers claim to have raised prices by 2%-3% as of April and as much as 5% in Q2, although suppliers say hike was delayed until May 1 or failed entirely in April; however, orders were stronger in May and June

LOS ANGELES , June 26, 2013 () –

German coreboard demand seemed to be good in June after the market stabilized in May, but opinions differ as to how much if any of announced price hikes were implemented in the second quarter, Euwid reported on June 26.
Coreboard prices in Germany appeared to be heading up in the quarter now ending, according to coreboard producers. They claim that prices rose by 2% to 3% in April and by as much as 5% for some manufacturers in the second quarter.
Strong demand kept producers busy in the second quarter, with many orders being placed at short notice. With more downtime than normal due to the time of year, orders were difficult to fill, reported Euwid.
Operating rates at core and coreboard production facilities were more stable in May than originally forecast, with bank holiday weekends barely used for production curtailments as orders were unexpectedly robust.
At the end of April through early May, it was difficult to raise prices due to many market players being on holidays rather than to oversupplied conditions, various suppliers indicated.
Any coreboard prices hikes that took effect in April were rescinded, according to some supplies; while others noted that April hikes had been delayed until May 1. Coreboard producers denied that any rollbacks occurred, Euwid reported.
The primary source of this article is Euwid, Gernsbach, Germany, on June 26, 2013.

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