Norske Skog announces price increases
(NZ, March 15, 2017) Norske Skog, a global leader in production of newsprint and magazine paper, announces a price increase for all exports from Australia and New Zealand to Asian markets.
The increase is necessary to address higher production and shipping costs, which has led to unsustainably low pricing in these markets. The price increase will be in the range of 5-10%, depending on the underlying cost increase applying to the relevant market and customer, and will take effect from 1 April 2017. (Source: press release)