Many factors determine the pricing on commercial paper. Currently mills are experiencing strong to me in an additional cost associated with increasing capacity. As such papermills have begun to announce increases in various paper grades. As expected all major suppliers have announced global thermal paper increases of 6 to 8% on their commodity grades of thermal paper. Copies of the mill increase announcements are available upon request.
Accordingly, Paper Rolls Now is announcing price increases of 4.5% on all thermal grades beginning with orders received on or after October 23, 2017. P RN will honor the existing prices on all purchase orders received on or before October 22, 2017, provided product ships before November 1, 2017. Please contact your Paper Rolls Now sales representative with any questions you may have regarding supply and price.
As previously communicated, Paper Rolls Now has multiple domestic and foreign sources of IBM certified, BPA free, commodity great thermal paper. Are continuing ability to supply your paper roll requirements remains unaffected.
However, with the expected increase in demand and in fairness to all customers needs purchasing limits may be necessary. Prior to price changes, customers will be limited to purchases of 110% of historical monthly thermal paper rolls, based on your prior six months, commencing from the date of this letter until October 22, 2017.
We appreciate your continued business and support.
Sincerely, Paul J. Herbert, Pricing Manager, Paper Rolls Now