Paper mills putting paper prices up

One of the country’s largest paper merchant Spicers is having to raise prices on several products in its commercial print portfolio.

The first price changes will come into effect Monday April 10, and will be in the range of 5 to 8 per cent. Spicers anticipates more increases will be announced over the coming months on the back of paper manufacturers lifting prices further.

The Spicers stocks impacted will include popular brands such as Pacesetter Laser Recycled, Alpine Coated and Impress DM Matt. 

The company says the rises will be in line with increases in paper prices set by international mills out of Europe and Asia. It says it has been internally mitigating many local input costs, however it has now received material cost increases via several international mill price rises.

David Martin, CEO of Spicers says, “It is Spicers policy to alleviate the severity of these price rises where possible, however they have now reached a stage where we have no alternative but to pass on these increases.”

Mills worldwide, especially out of Europe and Asia, have raised their prices on papers and boards purchased by Spicers.

The paper and print industries continue to be adversely affected through rising input costs, but Spicers says it will continue to try and absorb as much of these costs as possible to minimise the effect on customers and end-users. The company says that implementing price increases is not taken lightly and it appreciates its customers’ understanding and continued support.

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