The German pallet market:
Higher timber costs only partially passed on to pallet prices

03 Jul 2017 − 

Although the price increases that central European pallet producers considered as urgently necessary were still coinciding with a generally high supply as well as contracts with sometimes very long terms in mid-June, in the last few weeks manufacturers had been able to get the market to accept price increases of €0.20-0.30/unit in short-term contracts for new euro-pallets as well as chemical pallets.

Owing to the existing long-term contracts, the proportion of the total sales volume accounted for by these contracts was rather low to the extent that, from what producers were saying, these price increases frequently only accounted for €0.05-0.10 of the average price per pallet for the total volume of sold pallets.

The bottlenecks that had existed in the supply of grade A and B used pallets in the first four months of this year had not been cleared yet in the middle of June.

 This is an excerpt from EUWID's report on the German pallet market, published every six weeks. The complete article together with the Price Watch will be published in EUWID Packaging Markets 14/2017.

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