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28Oct93 UK: CABERBOARD PRICE HIKE.

Britain's leading chipboard maker plans to raise prices by 7 per cent next year.Caberboard this week described the move as an attempt to break the cycle of discounting which has seen chipboard prices fall 20 per cent in two years.The supplier blamed high costs for raw materials and increasing demand for the price rise.Since Britain pulled out of the European exchange rate mechanism, the price of imported timber has rocketed, creating a jump in demand for British timber.Caberboard's ...

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