The Office Times

Navigator Company reports improving paper market

The Navigator Company announced its annual report for 2017, reporting that conditions in the UWF paper market also improved gradually over the year, with progressively stronger order books in Europe and in overseas markets.

Through to the end of November, global demand for UWF increased by approximately 0.2%, with growth concentrated in Asian markets, and China in particular. In Europe, apparent consumption held steady (up 0.1%), with demand rising for Folio and Cutsize, and declining for reels. The Group recorded strong performance in the volume of paper sales, which totalled 1 578 thousand tons, roughly equal to the previous year (-8.6 thousand tons; -0.5%), whilst improving its product mix, in terms of quality (premium sales up 57 thousand tons) and its own brands (up 45 thousand tons).