Paper merchants threaten countrywide strike -Pakistan Press Foundation (PPF)

Paksitan Press Foundtion

Paper merchants threaten countrywide strike

LAHORE- All Pakistan Paper Merchants Association (APPMA) threatened to go on a countrywide strike to protest the recent increase in the prices of paper and boxboard.

APPMA Chairman Samiullah Butt, Vice Chairman Khwaja Imdad and Lahore Paper Market President Malik Khalid Javed in a joint statement condemned the price hike and termed it “unjustified and uncalled for.”

They said almost all the major paper mills have increased the prices by Rs 1,000-2,000 per tonne, while the manufacturers of boxboard have increased the rates by Rs 40,000-60,000 per tonne during the last three to four months, which has not only added to the problems of the paper merchants, but also to the general public.

They said that the owners of paper and boxboard mills have also announced to further increase the prices of their products from March 1, which is regrettable.

It was a matter of concern that both the government and the functionaries of Price Control Authority have failed to take notice of this unprecedented surge in prices of paper and boxboard, they deplored.

APPMA office-bearers demanded of the government and the manufacturers of paper and boxboard to withdraw the increase in prices of their products forthwith. “If our demands are not met, we will be forced to launch a protest drive,” they warned.

As a first step, they would display black flags and banners to register their protest, and if the government failed to resolve the issue, they would go on a countrywide strike, they threatened.

Source: Business Recorder