The price increases announced for June on the market for brown recycled corrugated case material in France have not yet been implemented.
In the current circumstances it was not (yet) possible to introduce the hike, said market participants.
The stocks, even though they had declined considerably recently, were still too high for these plans to succeed. Inventory volumes had fallen relatively quickly lately but were still higher than at this time last year.
It would be almost impossible to achieve price increases until the stocks had fallen further, said some respondents.