Russian State to Implement More Strict Control for Pricing in Domestic Paper Market
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Amid the ever-rising prices for paper in Russia, the Ministry of Industry and Trade held a meeting with its manufacturers and customers to form a working group to collect data on prices on a regular basis.
As a result of the meeting, the sides have agreed to find a compromise on prices so that their growth would not exceed the inflation rate.
The reason for the meeting became a letter from the Russian Union of Printing Industry Enterprises (GIPP) to the Ministry of Industry and Trade with a complaint about the rise in prices for printing houses and publishers for different types of paper in Russia - newspaper, offset, coated and others.
According to Rosstat, over the past year (September to September) the selling price of pulp has increased by 30%, offset and printing paper has risen in price by 6-15%, wrapping paper - by 46%, while most popular corrugated cardboard has soared in price by 65%.
In regard of newsprint, the growth of prices for it became insignificant amid the ever-falling demand for it. That leads to the fact that the quality of paper books is getting worse, while their circulation continues to decline against the backdrop of a turn of production processes towards packaging.
