During the initial half of 2023, the Coated Virgin Paperboard (200 GSM) market saw prices remain static after an extended period of continuous increase. The US and European markets both encountered reduced demand and lower operational efficiency, primarily due to unfavorable market conditions worsened by surging energy production expenses.
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Furthermore, the complex global economic conditions presented difficulties as European and Asian currencies depreciated in comparison to the US dollar, leading to trade complications. To address decreased demand and production rates, certain manufacturers found themselves compelled to permanently scale down their production capacities, which had an adverse impact on the price growth of Coated Virgin Paperboard (200 GSM).
Definition
Coated Virgin Paperboard (200 GSM) is a premium, heavyweight paperboard material with a density of 200 grams per square meter, known for its exceptional quality and smooth surface. Crafted from pristine wood pulp, it boasts purity and strength. This paperboard is often laminated with substances like clay to augment its print-friendliness and deliver a glossy or matte appearance. Widely employed in packaging, printing, and promotional applications, Coated Virgin Paperboard (200 GSM) is prized for its superb print results, sturdiness, and longevity. Its capacity to showcase vibrant graphics and text makes it a preferred choice in various industries.
Key Details About the Coated Virgin Paperboard (200 GSM) Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Coated Virgin Paperboard (200 GSM) in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel
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The Coated Virgin Paperboard (200 GSM) Price trend, including India Coated Virgin Paperboard (200 GSM) price, USA Coated Virgin Paperboard (200 GSM) price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Coated Virgin Paperboard (200 GSM) Price Trend:
With its substantial weight and surface characteristics, Coated Virgin Paperboard (200 GSM) has a wide range of industrial uses. It is particularly prevalent in premium packaging, such as boxes, cartons, and high-end product packaging, thanks to its robustness and smooth, print-friendly surface that elevates its visual appeal. Its exceptional print quality makes it an excellent choice for a variety of printing and graphic applications, including top-tier product packaging, brochures, and displays. Furthermore, it is employed for book covers, menus, stationery, and promotional materials where a blend of durability and visual impact is crucial. Coated Virgin Paperboard (200 GSM) proves to be a versatile material that meets the diverse packaging and marketing requirements of numerous industries.
Key Players:
- International Paper Company
- WestRock Company
- Nordic Paper AS
- Stora Enso Oyj
- Potsdam Specialty Paper Inc
- Fortune Paper Mills LLP
News and recent development:
Magazine paper prices drop further in Europe as low demand and operating rates continue. The market for magazine paper in Europe is still struggling due to poor operating rates and low demand, particularly for lightweight coated (LWC) paper. Producers of LWC and supercalendered (SC) paper fought a lost struggle with customers who persisted in demanding lower pricing over the past quarter due to the persistently difficult market dynamics. (Dated: 18 August 2023)
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