The producer said that the increase is needed to improve its margins and restore the price levels which decreased by some Euro 55/tonne in the first half of the year. Emin Leydier also said that demand for paper remains good, while stocks at European mills continue to decrease.
The hike would apply to all European markets except the UK and Spain.
The producer ascribed the move to the need to reach desirable paper price levels and improve the firm's profitability. Emin Leydier said that the hike is driven by healthy demand for containerboard in Europe and continuing low levels of stocks at mills.Read more