Alok Gupta
after a long gap I once again think to express my feelings about current situation in paper market. In last one month rate of paper are gone down, they even go very steeply but Govt's Electricity Departments save paper mills as they are not giving electricity more then 10-11 hour in a day. However some mills having their own power genration but not all.
Today once again paper mill owners sit together and plan to increase Rs.2/= per kg. this is in my opinion not a right time to increase because like mills, convertors are also sufferer of electricity and their major problem is labour shortage. Also they have not much orders to supply. Mills should decide wisely & convertors / delaers should not make panic buying. Even mills should think that in feb. / march they said that waste paper prices are too high and they are forced to increase. But now a days waste is very cheap in comparision to feb./march. Dealer is selling paper even lower rate then he puchase only to rotate his circle.
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