Uncoated woodfree paper price hikes slated for July not sticking in France as some producers begin to offer discounts, spot offers in seasonally slow summer period, despite some order improvement and low buyer inventories
July 31, 2013
– July price hike planned for uncoated woodfree paper are not being implemented in France, as some producers have caved in to pressure and started offering discounts, reported Euwid on July 31.
The summer discounting, rebates and spot offers, intended to help spur orders during the seasonally slow summer period, are being given frequently in France, according to sources.
Demand for coated woodfree paper this month has been “better, but not good,” according to one summarization. Orders improved in July, but the market in France remained weak, Euwid reported.
Producers are caving in to pressure under intense competition, with summer discounting expected to continue until at least the end of August. Prices might be on a downward trend again, according to reports.
However, reportedly low paper buyer inventories could lead to a healthy rebound in orders this fall, when there is typically a seasonal pickup in demand, helping to stabilize prices, reported Euwid.
The primary source of this article is Euwid, Gernsbach, Germany, on July 31, 2013.