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Paper Pricing Increases Due to Volatile Market - Wednesday, February 13, 2019

The paper industry continues to suffer from volatility due to significant supply reductions caused by mills closing, elimination of the production of cut paper (i.e. copier paper), increased costs, and lack of viable import providers.  The availability of cut paper is so severe that mills have imposed allocations to many businesses which includes big box stores as well as smaller industries.  Penn is not on allocation at this time and we do not anticipate that as a possibility for the near future.

Purchasing is keenly aware of the issues in the paper market and has strategically sourced our paper to ensure that we are able to meet our demand as well as minimize the cost increases as best as possible.  For more information on the challenges in the paper industry, click here for a brief overview.