UPM Announces Price Increase for SC and Coated GW Grades
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According to an announcement by the company this past week, effective with deliveries on or after Oct. 1, 2017, UPM (Helsinki, Finland) is increasing the transaction price of all supercalendared (SC) and coated groundwood grades.
The transaction price of Supercalendered (SC) grades will increase $2.00/cwt, including all basis weights and finishes. Grades impacted include: Eco; Impresse; Impresse Plus; Max; Cat; and Smart.
The transaction price of coated groundwood grades will increase $1.00/cwt, including all basis weights and finishes. Grades impacted include: Cote; Ultra; Valor; Star.
UPM noted that the coated groundwood portion of this price increase is being announced and implemented in addition to the previous price increase letter dated June 2, implemented on deliveries July 1 and later.