Paper Price Increases ‘Will Only Provide Temporary Relief’ To Producers: Moody’s
Price increases in the paper industry are likely to relieve cost pressures on European paper producers, however this may only provide temporary relief to the sector, a new report from Moody’s has stated.
Moody’s made its assessment following the decision by Spanish paper giant Lecta to increase prices on its different paper grades last month by 7%.
Other paper producers have increased paper prices across a number of grades by up to 10% against the backdrop of rising input costs, especially for pulp.
Supporting Price Increases
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