Kraft paper price rises despite lower demand for corrugated boxes
Kraft paper manufacturers are unwilling to cut prices, saying they are finding it difficult to source waste paper.
January 22, 2021 / 06:03 PM IST
Tamil Nadu Newsprint & Papers | Thiru R Ramaseshan resigned as Executive Director (Finance) & Chief Financial Officer of the company.
The price of kraft paper, used in packaging, has increased by Rs 5-7 a kg in the last four weeks despite a low demand from corrugated box manufacturers who use it as their primary raw material.
Demand is low since it is a lean season for the manufacturers of corrugated boxes or cartons used in packaging. Kraft, which in German means strong paper, is quoting at Rs 28-30 kg against Rs 18-23 in early December. Before the coronavirus pandemic, the price was Rs 27 a kg.