Title: Rengō Announces Price Increase for Cardboard and Paper Products Effective from April 1 – Citing Factors such as Sustained High Raw Material Prices and Prolonged Weak Yen Trend as Reasons for the Increase. Additionally, Impact of Rising Logistics Costs from April.
On March 1st, Lengoo announced that they will be increasing the prices of cardboard and paper products starting from the deliveries on April 1st. The main reasons cited for the price increase include the sustained high prices of raw materials and the prolonged trend of a weaker yen, creating a challenging business environment. Additionally, rising logistics costs starting in April will also contribute to the price adjustment.