Survey: Containerboard Price Hike Likely to Hold
- Published: August 04, 2008
Bryn Mawr, PA | According to a survey of North American corrugated container producers by Longbow Research packaging and container analyst Joshua Zaret, 78% felt that the July 1 containerboard price hike of $55/ton would be successful and subsequently passed onto box prices. The increase affected customers of all eight major North American containerboard producers, representing about 76% of North American containerboard industry capacity
Zaret said the increase is notable in light of weakening demand for boxes. He said 52% of survey respondents characterized current demand as “weak,” in June compared to 27% who characterized demand as weak in May. To receive a copy of this report, contact David Evanson at 610/505-0832; This email address is being protected from spambots. You need JavaScript enabled to view it..