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Paper prices go up again this year in Europe

High quality Paper © Kauke

© Kauke

September 18, 2008

Skyrocketing energy and raw material prices to blame

European paper concerns increased prices for high-quality office paper about 10% at the beginning of September. According to Wolfgang Pfarl, chairman of the trade association “Austropapier ,“ there could be another jump in prices at the end of this year due to high energy and raw material costs. Pfarl criticizes the most recent measures of the European Industry Board concerning emissions trading: the acquisition of emission rights will cost the local paper industry about 70 million Euros per year up starting in 2013.