Corrugated Box

The Association also requested the government to take necessary steps to offset the Kraft paper shortage and control the steep increase in the prices of Kraft

In a major blow for corrugated box manufacturers, prices of kraft paper have risen by 23 per cent over the last three months due to shortage of its supply following intermittent closure of production units.Trade sources said that kraft paper prices have surged perhaps the highest in any quarter. Trading currently at Rs 26-27 a kg, kraft paper prices have risen by Rs 7 a kg across all its varieties since January and Rs 2-3 a kg in March alone.Sharp increase in the raw material cost has questioned the financial viability of corrugated box manufacturers being the only raw material. Therefore, corrugated box manufactures have sought proportionate hike in the prices of the packing material from consumers industries including large corporate."Unless the box users including large fast moving consumer goods (FMCG) companies grant minimum 23 per cent price increase quickly, units of this industry would face imminent closure shortly. At the same time, paper mills are being requested to avoid ...

Corrugated box makers face stiff competition from plastics packaging