Product category:
Printing Substrates - Paper, Forms and Stationery
News Release from: M-real | Subject: Galerie papers
Edited by the Printingtalk Editorial
Team on 16 June 2006
Magazine Paper Price Hike Of 5% On Way
M-real's publishing business is seeking a price increase of approximately five per cent for its coated magazine papers (Galerie papers) in the European markets, with effect from September 1.
M-real's publishing business is seeking a price increase of approximately five per cent for its coated magazine papers (Galerie Papers) in the European markets, with effect from September 1 Negotiations with customers have started and will continue over the next weeks, said the company
This article was originally published on Printingtalk on 24 Jun 2004 at 8.00am (UK)
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The increase is needed partly to compensate for continuing high input cost escalation, especially in energy, transport and raw materials, which cannot be recovered by productivity improvements and cost reductions already underway in M-real's business, claimed the company.
John Clinton, senior vice president of marketing and sales for M-real Publishing, said: "Whilst we realise that our customers, especially in the printing industry, are facing similar challenges, together we have to find the means to manage pricing in a co-operative way.
It is expected that the overall demand for these grades will improve in the second half of 2006, and the autumn season especially is forecast to be strong." He added: "We believe that it is essential to avoid the risk of extreme price movements, which are damaging for all in the business, and will seek agreements with our customers based on this moderate increase to current prices.".
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