Raw materials update – July 2010
Chipboard producers have generally raised prices twice this year and more price hikes are planned for the second half of 2010. Producers’ costs have also risen substantially, and therefore the impact on profitability at the mills has been negligible. Lower output and the exchange rate continue to discourage European exports to the UK, and with growing concern over energy generator subsidy for wood fibre, we anticipate chipboard will become more expensive in Q3. read more »
National Hickman’s proud association helps win 5-star status
When one of our customers wins an important national accolade, it makes us very proud to be associated with them.
Barratt Developments PLC, one of our major customers, has just been awarded a 5-star housebuilder status by the Homebuilders Federation.
Supplies under pressure as global costs increase
As softwood supply shortages are forecast to hit the market as a result of global pressures, National Hickman is able to reassure its customers that its supply chain is managing the situation well.
The market has seen significant price increases during 2010 as a result of reduced productivity in mills following the pattern of recession, together with the weakening of the pound combined with other World markets such as China, Japan and North America able to pay higher prices than the UK for the limited volumes available. read more »