Containerboard prices, assisted with good demand, remain steady after falling $70/ton since its peak, last fall.
Note, it has been reported that spot prices for 42-lb linerboard range from $450-470/ton in Central US, and $410-440/ton in the Northeast region. Recycled spot prices are below $400/ton. US kraftliner export prices are still around the $320/ton FAS level.
I think these spot prices have remained constant for last 60 days, as well. (I welcome comments here)
Additional comments
-June box shipments down 6.5% from 2008
-Producers continue to streamline inventories and operating rates
-International Paper took 580,000 tons (21% of capacity) containerboard out during second quarter.
-Renew will restart 500TPD linerboard in St Francisville, LA
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3 comments:
P. Scott. I am being told in June 09, 42 East Coast Linerboard was 590/ton, you are saying in August it is $450-$470. Is this accurate? What do you show in July 09? Jay
These are spot prices and will be greatly depressed compare to 'list price' for traditional buyers.
Your comment about export prices at $320/ton FAS - are these short tons or metric tons?
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