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South Korea's Hansol Paper to increase coated fine paper prices by 3-5
Write 한솔제지 Date 2018-07-09

SEOUL, South Korea, 21 April 2016 (Press Release) - South Korea's largest paper and board producer, Hansol Paper, has announced considerable price increases for its coated fine paper exports, effective the delivery from May 1.

Prices for its coated fine paper grades including one-side coated products are being raised by 3-5% in most of Asia market. The increasing rate depends on the market.

Hansol attributed the hike to continuous worsening profitability.

The firm said that ongoing efforts to improve its profitability over the past few months have been outpaced by the substantial cost increases. It has thus decided to seek the price hikes in order to maintain a sustainable business.

 

 

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