Further increases in M-real’s uncoated fine paper prices
The continued upward pricing cycle for pulp has recently intensified due to the earthquake in Chile, which has led some pulp suppliers to suspend deliveries under force majeure. This is compounded by strikes at some transportation companies and ports in Finland together with severe weather conditions in Scandinavia. This has resulted in an extraordinary situation concerning both the availability and subsequent costs of this key raw material, M-real writes in a press release, March 5.M-real has announced price increases for all uncoated paper products in reels, cut sizes and folio sheets across all European business by eight percent as of 1 March.In addition, a further increase in paper prices of 15 percent will become effective as of 15 April 2010, to be applied to all uncoated paper products in reels, large formats and cut sizes.