Further M-real price increases for April

Released 08/03/2010

Chile earthquake impacts paper industry

In addition to its price increases of eight per cent for all uncoated paper products this month, M-real has announced a further increase of 15%, effective as of 15 April, to be applied to all uncoated paper products in reels, large formats and cut sizes.

"The continued upward pricing cycle for pulp has recently intensified due to the unfortunate events in Chile which has led some pulp suppliers to suspend deliveries under force majeure," read a statement. "This is compounded by strikes at some transportation companies and ports in Finland together with severe weather conditions in Scandinavia. This has resulted in an extraordinary situation concerning both the availability and subsequent costs of this key raw material."

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