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Kruger Announces June 1st Price IncreaseApril 27, 2018

The following notice was just received from our Cox Newsprint Supply partners:

We wanted to let the group know that Kruger is announcing a $40/mt (45g) price increase for June 1st.

At this time, we do not think other suppliers will follow this announcement. Kruger had not increased prices as much as some other Canadian producers (April/May announcements), while their tariff penalties are the highest in the industry. We think this is a tariff move, to try to offset as much of the 32.09% (CVD & ADD) that Kruger had imposed on them.
With that being said, the market remains extremely tight and additional price increases are possible. We will have to wait and see how other suppliers respond to this move by Kruger. We will keep the group updated as we learn more.

If you have any questions please contact John Snyder (800-468-9568, Ext. 176), Steve Schroeder (800-468-9568, Ext. 187), or Joan Graff (800-468-9568, Ext. 196)
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