In addition to thermal label prices increasing this year, there will also be a price increase on receipt paper.
Why is there a price increase?
The global paper market continues to be affected by several variables, including the mothballing of several paper machines, a continued rise in the cost of pulp and an ongoing shortage of leuco dye, which is affecting supply of both thermal and carbonless grades of paper.
Additionally, the US has imposed tariffs on groundwood grades coming out of Canada into the US and with the increased cost of pulp, virgin bond has also been impacted. All of this coupled with the increased demand for freight versus supply is creating an ongoing inflationary market for all of us in the paper industry.
What does this mean for me?
Effective with all shipments as of July 9, 2018, All Barcode will be forced to implement the following increases:
- Lightweight (48 and 55gsm) Thermal Paper – 8%
- Heavyweight Thermal Paper – 6%
- Specialty Thermal Grades – 8%
- Bond Grades – 8%