13/03/2022
A letter to our customers
The UK is experiencing exceptional cost price increases and constraints in paper supply.
The two largest paper producing countries in the world are China and the United States. While paper production in the United States has been declining, production in China has increasing significantly in the past decade China has increased prices from £600/ton to current £1050/ton (almost double)
There is a large paper supplier in Finland (UPM) where workers have been striking for 3 months and this has now been extended until at least April 6th.
This will continue to have a knock-on impact on paper availability across Europe as no raw materials have been produced this year. Non-European paper is now being diverted to other parts of the globe, with rises in freight and energy costs also having a significant impact.
We have also taken the decision to stop purchasing products that are manufactured in Russia until the conflict with Ukraine is resolved. This will impact availability as key paper lines are sourced in Russia.
This situation affects the whole paper supply chain, and it is likely that there will be further paper price increases. We continue to monitor the market to ensure we continue to be a very competitive supplier and thank you for your continued support during these extenuating circumstances.
Naresh Katwa
Director
Fusionprint UK Ltd
