Paper is increasing in cost again! And the timing to get paper is becoming longer and longer.
Custom stock and roll sizes can take several weeks to source as mills are running into the same issues as many other businesses: getting folks to come to work, fill equipment to run, and keep up with the demand.
The latest word is that by July 1, paper will see an increase of $4.00cwt (that’s $4 per 100lbs).
This would be an increase of 8% — an unprecedented increase. When a Mailshop gives an estimate of how much a job will cost your organization, paper typically represents 50%-60% of a quoted price. The remaining cost goes to labor, overhead, delivery, ink, folding, etc.
That means that with an 8% increase in paper, your quoted price for envelopes, letters, etc. will be about 5% higher than expected. cwt