The Navigator Company is the latest paper manufacturer to raise its prices for 2019.
In a statement released by the Portugal-based papermaker, it will increase paper prices across all its products and target markets as of 18 January next year due to “the continuous increase in the key production costs”.
Consequently, Navigator will raise prices for its clients in Europe by increments ranging from 4% to 6%. Further price increases were announced for Navigator’s folio and reels by €100/ton (£88.4) in the Middle East, Africa and Turkey due to low profitability. Its portfolio, sold across five continents, includes paper brands such as Navigator, Pioneer, Inacopia and Discovery.
In late October, German papermaker Zanders announced it will increase prices for all deliveries from 1 January 2019, with the amounts discussed on an individual basis with customers. Prices for chemical, energy and pulp being at an “all-time high” were attributed as the main causes.
