Box makers are pushing 11% box price hike

-- Purchasing Magazine
Producers have announced a price increase of 11% on corrugated boxes, assuming that the announced $55/ton containerboard price increase for July will take effect. At least five major integrated box makers have announced the hikes, with effective dates ranging from July 14 to August 1. The subscription news service RISIinfo.com says independent box makers have been concerned about their ability to pass through the containerboard price increase in the current U.S. economic environment “and are watching closely to see if integrated producers are serious about implementing the box price increase.”