Tuesday, April 06, 2010

Price Increase for Containerboard a 'done deal'

Shipments for both January and February (and early reports for March) on box shipments
appear strong and, therefore, all the major producers have announced a 10% box price increase for April shipments. Note, Coy Paper confirmed a $60/ton April containerboard price increase announcement. This new announcement will be the second increase of 2010. Not only is demand stronger than 2009, but inventories are declining and operating rates are hoovering in the mid 90's.

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