Kraft Paper market recovers ahead of festive season; Price hike expected soon

Kraft Paper Market Eyes Recovery Post-Kavad Yatra Disruptions and Monsoon Chaos
- Despite having finished stock ready, the mills couldn't move material due to non-availability of trucks
- The rate of Finished paper is definitely expected to touch Rs. 31 per kg soon and may reach up to Rs. 32 per kg by the end of August or the first week of September

After weeks of operational hurdles triggered by religious Kavad Yatra, India’s kraft paper market is finally showing signs of recovery. According to Mr. Singhal, logistical issues arising from the Kavad Yatra and relentless monsoon rains had brought movement of goods to a near standstill in key manufacturing zones.