Showing posts with label price war in 16 bf waste base paper. Show all posts
Showing posts with label price war in 16 bf waste base paper. Show all posts
Alok Gupta
I write about one month back that current market scenario related to price is not good. But now a days , position of price getting worse then ever. In clear terms it is a price war specially in 14/16 bf waste base semi-kraft paper. For example, If any mill decreases it's rate by 0.50 paise per kg., the very next day, other mills also slashes rates by .60-.75 paise per Kg. This in turns becomes a vicious circle.
It is not a good indication for the health of trade.
One should take wise decision in this regard and be cautious.