Entering March, European and American paper companies issued price increase letters again, involving wrapping paper and cultural paper, etc.

SCA: Announced an increase in the price of white and brown kraft paper in Europe by 50 Euro/ton. The new price will take effect on April 1, 2021. SCA vice president of sales and marketing Mikael Frölander said that the price increase was affected by strong demand. At present, the European kraft paper market continues to be strong and stable, and the inventory is insufficient. Therefore, the price of kraft paper is increased.

Sappi Europe: Announced an increase in the price of packaging paper and specialty paper sold in Europe by 7%-11%, effective from April 1, 2021. In this regard, Sappi said that the sharp rise in input costs, especially those related to pulp and energy, coupled with high freight rates due to global logistics restrictions, made price increases inevitable.

Heinzel: Starkraft, a subsidiary of Heinzel, a leading European producer of bleached kraft paper, announced a 10% price increase for white kraft paper, which will be implemented in April.

In China, it is even more crazy. We have been keep receiving the price increase notification from all our paper suppliersby weeks, as you can see from below. If you have order for custom packaging boxes, kindly suggest you order as soon as possible. Better early than later.