Nov 28, 2008. /Lesprom.com/. Paper manufacturer M-real has said it will further increase the price of its coated fine and magazine papers by 8% in order to improve profitability. 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. Whilst prices for both coated fine and coated magazine papers have been increased during 2008, the amounts yet achieved are insufficient. Therefore, M-real sees the need for further increases of approximately 8% to be applied with effect from early 2009. Individual customer negotiations have been started in the various markets.