Social Icons

Corrugated box manufacturers to increase the prices

corrugated boxes

Western India Corrugated Box Manufacturers’ Association (WICMA) is preparing an “index” that would give detailed information about raw materials and the finished product (corrugated boxes). This, according to sources, would initiate a process that would enable the association to convince customers that a price rise is indeed the need of the hour for the industry. If implemented, this would be the first such initiative by the paper and raw materials sectors.



Confirming the development, a WICMA member said the Index is at its preliminary stage, but once completed it would help the association pass on the proportionate price increase to consumers. “At present, this proves to be a big challenge keeping in mind the long-term trading relationships we have with our customers.”




corrugated boxes

WICMA is also in discussion with 400 of its member to form a cartel to identify a domestic or international paper mill that would supply quality kraft paper at a reasonable price. The cost of corrugated boxes went up by 24-26 per cent following several price rises for kraft paper and adhesives over past few weeks. Other components that added up to the price rise are stitching wires, labour wages and transport cost.


The corrugated box manufacturing sector currently has a market size of Rs 7,500 crore and it is expected to grow at 5 per cent in 2010.

Source : http://www.business-standard.com/india/news/corrugated-box-makers-prepare-index-to-back-price-rise/388262/

2 comments:

  1. Product Packaging Boxes
    Adarsha Packaging is a Bangalore based manufacturer and supplier of packaging products. We provide customized corrugated packaging for different types of products and ensure high quality and safest packaging boxes.

    Corrugated Box
    Packaging Material
    Corrugated Box Manufacturers
    Product Packaging Boxes
    Corrugated Packaging

    For more details visit :- http://www.adarshapackaging.in/

    ReplyDelete
  2. This blog is nice.Natraj Industries is a popular manufacturer in the corrugated packaging industry, not only in India, but also in many other countries. Natraj Industries is dealing in packaging machinery manufacturing since 1978.Corrugated box machine and Corrugated Packaging Machine.

    ReplyDelete

"Each brand of bakery product has its own storyand history behind them to tell .Bakerybazar intends to discover and unravel these stories before you""



You can submit for freePress Release,Product Launches ,New Technologies, Company Presentation, New Markets and Distribution Related News, Trade Show ,News Trade Mission Participation, Mergers and Aquisitions ,Financial Reports ,Product Sourcing Activities ,New Hires and other HR news--- any thing related to bakery industries



Submit for free















Blog Widget by LinkWithin