Market Snapshot – November 2022

Market Snapshot Paper Industry 2022
As you’d expect, I keep a close eye on the industry news and reports for the things that affect our industry and in particular the NZ market. In this update I look at the continued rise in paper prices and other impacts on the back of more mill closures. I’ve also provided an update on my recent posts on the supply chain and the tight NZ labour market. Paper prices continue to rise We’ve communicated a number of price increases of the past few years. These increases have largely been on the back of growing demand for the product and a decrease in supply. It's economics 101 in action. The issues driving the increase in paper prices - high raw pulp prices, a congested supply chain and elevated transportation costs - are forecast to continue. We expect paper prices to remain elevated, if not increase, for the foreseeable...