Tuesday, June 03, 2008

Text and Cover Paper Prices also Increase

The small specialty mills, which produce Text and Cover grades such as Wausau, Neenah, Mohawk, and Smart, are all talking about a price increase. The biggest challenge is the advancement of energy cost. Recent announcements for pulp have also added pressure to producers for a price increase. Crane & Company did officially announce a price increase of 5-7% depending of the grade. In Crane’s case, they added the additional factor of spiraling costs for the cotton fiber. Crane’s announcement is for shipments after June 20th. Stay tuned for more changes. Paper.com is still able to ship at current pricing, until June 20th.

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