Due to continuing input cost increases Sappi is forced to continue passing on this cost inflation by increasing its LWC and MWC grades prices by 6-8% from January 1st 2018 for all markets. This follows previous announcements made for its woodfree coated and woodfree uncoated grades.
Despite strong order books margins continue to be depressed by this severe input cost inflation. Sappi’s sales representatives will be in touch with their customers to agree on the specifics over the following weeks.
ENDS