Paper Clips

More producers announce price hikes for containerboard, boxboard

Smurfit Westrock and International Paper announced containerboard price increases days after PCA’s, which is being called unprecedented. And boxboard producers announced increases for SBS and FBB.

Smurfit Westrock and International Paper both announced price increases for containerboard to take effect Sept. 1, according to Tuesday memos to investors from Michael Roxland, Truist Securities senior paper and packaging analyst, citing containerboard industry contacts and Fastmarkets RISI.

IP’s hike is for $80 per ton. SW’s is for $100 per ton, as is its increase for kraft paper prices. The latter company reportedly cited reasons such as sustained demand, tight supply across its mill network and ongoing cost pressures.

Smurfit Westrock told customers on July 7 that it would raise prices by 4% to 6% on SBS folding carton, commercial print and foodservice grades as of Aug. 10. Sappi’s July 20 announcement was similar, noting a 4% to 6% increase on all boxboard grades as of Aug. 20. Manchester Industries, a converter owned by Clearwater Paper, announced a 5% increase on SBS and FBB products, effective Aug. 24. And Finnish company Metsä Board announced a 4% to 6% increase on fresh-fiber FBB and barrier products in the Americas, effective Sept. 1, Roxland relayed.

More producers announce price hikes for containerboard, boxboard | Packaging Dive

Back To Top
×Close search
Search