More price increase announcements have just been made by the major mills. With continued volatility in the free sheet market, the major mills have announced an increase in raw paper costs effective with April 2012 shipments. This comes as no surprise to Euby as he has consistently warned of the upward pressure on the paper prices since last year, and continues to caution his clients that there will be more to come.
This current increase should filter down to you as a consumer at around 4% at consumer price levels. It affects both bond and carbonless papers.
If you are budgeting for 3 rd and 4 th quarters….it would be a good idea to plan another round of increases like this later in the year. As always, Euby will attempt to keep you “ahead of the increase” when possible.
Have a great rest of the weekend. Euby