Newsprint Price Down

he price of newsprint has gone down considerably as compared to prices earlier, but it is expected to increase again shortly. Most newsprint is im- ported from Korea and India, and due to drop in the international market rate the price gone down by around Rs 10 per kg. Basic newsprint was Rs 83 until a few months back and has gone down to Rs 73.

“Prices came down due to international rates going completely down. Since we buy it at a much lesser price we are selling it at a nominal rate to buyers,” said Rama Bharati, assistant manager of the paper department at Salt Trading Corporation. Glaze News Print (GNP) is priced the same as before, at Rs 95. “Because the quality of GNP is better even though it has not seen a decrease we have not increased its price,” added Bharati.These prices will remain intact for the next three months but are subject to change after that. “The market will stabilize and factories will increase their prices. That will happen in the next two to three months, after which we will not have a choice and a definite price hike will take place,” said Bharati.

Prices for paper are set according to kilogram. Basic newsprint is available at Rs 73 per kilo. It comes in rolls of twenty-seven inches and thirty-two inches and one roll is almost about 400 kilos. Indian newsprint on the other hand is available at Rs 60 per kilo and is cheaper compared to the Korean product.