As a result of the continued rising cost of pulp prices, Asia Pulp & Paper Group (APP) has announced a price increase for all paper and paperboard shipments to the Latin America market.
Effective immediately, any new purchase orders for the region will have a $30/MT increase, excluding photocopy paper which will have a $50/MT increase. This increase reflects the continued fluctuating pulp market and the high and increasing demand for some limited and select paper and paperboard products within the region, which was anticipated in a similar August announcement.
About Asia Pulp & Paper Group
Asia Pulp & Paper Group (APP) is a trade name for a group of pulp and paper manufacturing companies in Indonesia and China. APP is responsible for delivering quality products to meet the growing global demand for tissue, packaging, and paper, with an annual combined pulp, paper, packaging product and converting capacity of over 20 million tons per annum. On any given day APP’s products find their way into the hands of consumers in various branded forms from all over the world.