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Containerboard prices rise in April for second consecutive month

Fastmarkets RISI recognized another bump that brings producers closer to achieving the $70 per ton hikes they announced earlier this year.

“While demand appears to be improving, contacts largely attributed this month’s incremental increase to cost pressures, particularly related to the Iran conflict including chemicals, OCC, fuel, and energy,” Michael Roxland, senior paper and packaging analyst at Truist Securities, said in an April 19 note to investors about the Fastmarkets RISI data release. “Moreover, some contacts anticipate difficulty sustaining current pricing on supply conditions alone if demand does not meaningfully move higher.”

Containerboard prices rise in April for second consecutive month | Packaging Dive

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