Throughout the initial half of 2023, the Coated Virgin Paperboard (200 GSM) market encountered static prices after a prolonged period of escalation. The US and European sectors saw decreased demand and operational limitations due to unfavorable market conditions, worsened by surging energy production expenses.
Adding to the complexity, the global economic landscape presented hurdles, marked by weakening European and Asian currencies against the robust US dollar, complicating international trade dynamics. To navigate reduced demand and production levels, certain manufacturers found themselves obliged to permanently downsize their production capacities. This action had a detrimental impact on the upward trajectory of Coated Virgin Paperboard (200 GSM) prices.
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Definition
Coated Virgin Paperboard (200 GSM) refers to a type of thick, rigid paperboard material with a grammage (weight) of 200 grams per square meter, characterized by its high quality and smooth surface finish. It is made from virgin wood pulp, which ensures purity and strength. This paperboard is typically coated with a layer of material, such as clay, to enhance its printability and provide a glossy or matte finish. Coated Virgin Paperboard (200 GSM) is commonly used in packaging, printing, and promotional materials, offering excellent print quality, rigidity, and durability. It is favored for its ability to display vibrant graphics and text.
Key Details About the Coated Virgin Paperboard (200 GSM) Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Coated Virgin Paperboard (200 GSM) in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Coated Virgin Paperboard (200 GSM) Price forecast, including India Coated Virgin Paperboard (200 GSM) price, USA Coated Virgin Paperboard (200 GSM) price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Coated Virgin Paperboard (200 GSM) Price Trend:
The versatile Coated Virgin Paperboard (200 GSM) boasts an array of industrial uses due to its thickness and surface attributes. Its robustness and sleek, printable surface make it a popular choice for top-tier packaging, including boxes, cartons, and luxurious product packaging. Its exceptional print quality caters to various printing and graphic needs, from high-quality product packaging to brochures and displays. Its durability and visual appeal also make it a preferred material for book covers, menus, stationery, and promotional items. This paperboard stands as a flexible solution, meeting diverse packaging and marketing requirements across numerous industries.
Key Players:
- International Paper Company
- WestRock Company
- Nordic Paper AS
- Stora Enso Oyj
- Potsdam Specialty Paper Inc
- Fortune Paper Mills LLP
News and recent development:
Magazine paper prices drop further in Europe as low demand and operating rates continue. The market for magazine paper in Europe is still struggling due to poor operating rates and low demand, particularly for lightweight coated (LWC) paper. Producers of LWC and supercalendered (SC) paper fought a lost struggle with customers who persisted in demanding lower pricing over the past quarter due to the persistently difficult market dynamics. (Dated: 18 August 2023)
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