The decrease in consumption caused by the Covid-19 pandemic continues to place strong pressure on prices. In combination with cost increases in paper production and transport this has continued to lead to unsustainable profitability levels, especially felt in our overseas markets.
Due to this Sappi is to further increase prices for the entire Fine Paper range by a minimum of US$ 50/ton as of February production and March shipments for all overseas markets.
The Sappi sales team will be in contact with its customers to discuss the detail and support the implementation.
