Leading paper merchant Spicers will be increasing the price of some of its products within its commercial print portfolio, with the rises set to take effect Monday July 24.

The company says there will be new pricing on brands including Precision Laser, Pacesetter Laser Recycled, Core Boxboard and Teslin.

Manufacturers worldwide, especially out of Europe and Asia, have raised their prices on papers and boards purchased by Spicers. At the same time, the announcement from local supplier Australian Paper regarding rises of between 3-5 per cent from the beginning of this month has also contributed to the forthcoming increase.

David Martin, CEO of Spicers. “It is of upmost importance to Spicers that we minimise increases in costs from our suppliers. We have been tightly managing the costs directly under our control, yet we recognise that the tight margin position of the industry means our ability to absorb supplier increases is limited.”

The paper industry continues to be 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 only considered after much deliberation and it appreciates its customers’ understanding and continued support.

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