The company said that despite already having increased prices in 2008, “the amounts yet achieved are insufficient”.
In a statement, it stressed the need for price increases in all main product areas.
Individual customer negotiations have already started in the various markets and all further increases will take effect as of early 2009.
M-real warned about the need for the increase in its third-quarter results.
It recorded sales for July to September of €826m ($A1.26bn), down 0.4% from €870m ($A1.71bn) the same time a year earlier.
Its total sales for January to September were €2.51bn ($A4.93bn), down 3.9% from the same period the previous year.
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