Sappi to Increase Prices on WFU, WFC Grades 5%-8% in October 2017
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Due to an unexpected further sharp rise in raw material prices, Sappi Europe, , says it is forced to continue passing on this cost inflation by increasing its WFU and WFC Sheets and Reels grade prices from October 2017 onwards by 5%-8%.
Despite strong order books and good operating rates, margins continue to be depressed by this severe input cost inflation.
Sappi’s sales representatives will be in touch with their customers to agree on the specifics during the coming weeks.