Sappi Europe announced that it will increase pricing for its range of fine paper products by 5 - 8% for overseas markets.
The price increases will be applied to shipments as of January 2021 at the latest.
In a written statement, Sappi said, "The decrease in consumption caused by the Covid-19 pandemic has triggered strong pressure on prices. In combination with cost increases in paper production and transport this has led to unsustainable profitability levels, especially felt in our overseas markets."
TAPPI
http://www.tappi.org/