Financial Daily from THE HINDU group of publications
Friday, Nov 05, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Paper, Board & Newsprint


Paper prices set to rise again by Jan

Anil Sasi

New Delhi , Nov. 4

THE domestic paper industry could be in for another round of surge in prices around January next year.

Despite the two rounds of price increases earlier this year, industry players concur that coated paper prices have still not peaked and prices are expected to see another round of churning by the end of this year or by early next year, in line with rising international prices.

According to domestic players, paper prices are being driven by the strong demand for the product and due to the resurgence in prices in the overseas markets. The demand-supply mismatch is also because there has not been much capacity addition in the domestic market over the last four years and manufacturers have resorted to de-bottlenecking to increase output.

International prices of coated paper are on the rise due to the recent increase in pulp prices, domestic players said, adding that the import prices of pulp and waste paper have been going up due to the tight supply situation.

"In the case of coated paper, the increase in domestic paper prices generally follows international trends. So another round of hikes is in the offing, more so since the pulp prices continue to rise. With pulp prices remaining above $400 per tonne, paper prices would continue to be high," said an industry player.

More Stories on : Paper | rd & Newsprint

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
`Job guarantee Act will run counter to neo-liberal norms'


Monsoon favours northern regions in Kerala
Plea to set up renewable energy research centre for bio-fuels
IIA, Kerala to honour architects
`Aliens can eat into world's food supply'
Fiat to ODS-using companies
EU to upgrade relations with India
New South Wales woos Indian power companies
Seven-year long legal battle over ESI cover before apex court
Centre to spend more on primary healthcare: Minister
`Social vaccine is best bet against AIDS'
LPG to cost more; petrol dearer by Rs 2.20, diesel Rs 2.10
Bullish on crude, bullish on bonds
What the Bush prescription means for pharma firms
DVC asked to change location of proposed plant
Govt plans 10,000 MW capacity through renewable sources
Innovation Exchange: A marketplace for students' biz ideas
Star News now in US
Reality TV to get desi touch
Nalsar varsity to hold convocation tomorrow
BMS student placements
CalPERS eyeing investments in real estate in India
Inox Leisure plans to invest Rs 100 cr in phase II expansion
Ore exporters, steel units urged to invest in wagons
Paper prices set to rise again by Jan
Nasscom President moots opening up accountancy sector
Autoprint Machinery witnessing robust growth
FICCI calls for review of controlled financial deals
FFW to be launched in AP
`Cos unaware of innovations in raising funds'
Kolkata fair complex to be ready in a year
Seminar on rural business hubs today
In Hyderabad today
I-T collection target of Rs 958 cr set for Mangalore division
Withdraw Sec. 277A in IT Act: Chamber
Tecumseh India's exports touch 4 lakh units
Emami forays into baby care segment
Somasekhara panel resumes probe into Yeleru land scam



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line