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SGL Carbon unit raises carbon fibre prices

FRANKFURT, March 17 (Reuters) - German graphite electrode maker SGL Carbon said on Thursday its SGL Technologies unit was increasing prices for carbon fibre and carbon fibre products by a double-digit percentage on average.

"These price increases are based on raw material cost increases as well as on continually tightening demand and supply situation in the carbon fibre markets," said SGL Technologies managing director Jan Verdenhalven in a statement.