Japanese paper and board giant
Oji Paper has announced its intention to raise domestic prices for its graphic
paper range, joining a cohort of its competitors there.
While Daio Paper, Hokuetsu
Paper, Mitsubishi Paper Mills and the Nippon Paper Group have all called for a
hike of ¥15/kg (or roughly $159/tonne) on shipments from April 21, Oji is
calling for a 20% hike from the beginning of May. A spokesman from Oji did not comment on whether the increase was for deliveries or orders from that date.
They cited dropping paper prices consequent to the increased graphic paper imports that have been available in Japan since since the March 2011 earthquake and tsunami.
Some remarked on the cost of raw materials and fuel as well.
