Coated woodfree paper producers encounter problems implementing July 1 price hike in Germany, might not be able to push it through until Sept. 1 as orders are seasonally slow; currently, prices appear to be dropping, say sources
July 9, 2013
– The attempt to raise coated woodfree prices in Germany as of July 1 appears to be floundering and does not seem likely to stick because of seasonally slow orders and an abundance of paper on the market, said sources, reported Euwid on July 9.
It seems likely that the summer months will be a difficult time to raise coated woodfree prices and the next earliest chance of it succeeding is probably Sept. 1, according to market watchers. A spring price hike is currently collapsing.
Not all producers support the present attempt to raise prices and notice of the hike was short, said buyers in Germany. Although they understand the need to improve margins, it should apply to all players in the supply chain, they said, Euwid reported.
The primary source of this article is Euwid, Gernsbach, Germany, on July 9, 2013.