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Paper firms may raise prices by 5-7% in June
Faced with pressure on margins due to a sudden spurt in raw material prices, domestic paper manufacturers plan to raise prices by five-seven per cent next month. According to industry sources, the Indian Paper Manufacturers Association (IPMA) has convened a meeting of its members on May 24 in New Delhi to take a call to this effect. Newsprint producers had last month raised prices by Rs 2 per kg to