Financial Daily from THE HINDU group of publications
Tuesday, Oct 11, 2005
Financial Daily from THE HINDU group of publications Tuesday, Oct 11, 2005 |
|
|
|
|
|
|
|
Corporate
-
Performance Marketing - Promotions & Offers Hind Paper offers incentives to dealers Badal Sanyal
Kolkata , Oct. 10 TRAPPED by more-than-normal unsold stock at its mill-end, the state-owned Hindustan Paper Corporation has begun selling common varieties of writing and printing paper offering incentives to its dealers all over the country. The company's move has to be contrasted with the decision of other large and integrated mills which have recently increased prices of writing and printing paper on an average by between Rs 800 and Rs 1,000 a tonne, taking advantage of the paper quality. The unsold stock at the mill-end touched about 25,000 tonnes during the middle of August as against an annual production capacity of about 2,00,000 tonnes from its two mills in Assam, each with a capacity of 1,00,000 tonnes. In normal situation, the stock should be between 5,000 to a maximum of 10,000 tonnes. Market sources said the value of incentive offered would be about Rs 2,000 a tonne.
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2005, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|
