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Parer prices increasing!

Paper prices continue to rise in the first quarter of 2018 forcing the corrugated market to seek recovery for the 4th time in 18 months.

The main contributing factors are:

  • The exchange rate has fallen post Brexit and as large proportion of paper is imported from Europe this has affected the base cost of our UK plants.
  • Recycled container-board is in tight supply across Europe.
  • Supply and demand from South America and china is picking up all Europe's excess stock.

What does all this mean to Cumberland Packaging?

Whilst our investment program has streamlined our efficiencies and we have managed to  absorbed increased costs in both direct Labour ( which is expected to raise by 40% in this parliament)and various overhead increases  the paper increases,  and tight supply chain have regrettable left Cumberland and our industry seeking a 9% price increase from all deliveries after the 1st March 2018. I The supply chain remains extremely tight heading into 2018 but we can assure all our customers of continuity of supply in these demanding times.

Attached are our official increase letters supported by a Market update as well as the increase letters from our sheet-board suppliers.

Price Increases

 

Information regarding the Latest 2018 Board Increase Percentage Board Mill Our Increase
Price Rise Briefing 2018 >>>>>    
Price Rise March 2018 9%

 

Information regarding the Latest 2017 Board Increase Percentage Board Mill Our Increase
Price Rise September 2017 7.5%  
Price Rise Briefing April 2017 >>>>>>>>>>>>>>>  
Price Rise May 2017 9.5%

 


Information regarding the Latest 2016 Board Increase Percentage Board Mill Our Increase
Price Rise Briefing May 2016 >>>>>>>>>>>  
Price Rise November 2016 5%  
Historical Increases Below ...      
Price Rise November 2013 7%
Price rise briefing August 2013    
Price Rise June 2011 5%
Price Rise May 2011 5%  
Price Rise Jan 2011 5%  
Price rise Aug 2010 7%  
Price Rise May 2010 0%
Price Rise Apr 2010 9%
Price Rise Jan 2010 4%  
Price Rise Dec 2009 5%
       

 


 

 

 

 
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