The number of German paper
traders seeking to hike prices for graphic paper in April keeps rising.
Since Deutsche Papier got the ball rolling by announcing a 7% hike for all graphic paper grades from April 1, several other market players have revealed similar plans.
Papier Union, which is part of
the Inapa group, said it is aiming at 7% increases for all graphic papers from
April 2. The firm ascribed the move to price hike announcements from
papermakers and said it was unable to compensate for rising purchasing prices.Since Deutsche Papier got the ball rolling by announcing a 7% hike for all graphic paper grades from April 1, several other market players have revealed similar plans.
Igepa announced 6-7% hikes for all deliveries of sheeted graphic products from April. "Due to cost increases for energy and raw materials, especially pulp, the price adjustment is inevitable," the firm said in a statement.