Manufacturers of label paper look back on a divided business year. While orders were decidedly healthy in the first half of 2011, they slumped in the third quarter and the last quarter was also very weak. "Customers emptied their stocks towards the end of the year”, a producer told EUWID. Order inflow was correspondingly unsatisfactory. In order to match supply and demand, machines were repeatedly switched off in the fourth quarter and producers took extended downtime over the turn of the year. Still, in isolated cases manufacturers reported order inflow above expectations during November and December.
The German label paper market
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