|
 Print this article | Send to Colleague
In the bleached board arena, after doing an impressive job of holding prices in the wake of weak demand during much of 2009, major producers in North America have announced a $40 per ton price hike effective mid-January, according to Wilde. This is the first increase since October 2008. SBS folding carton list prices have remained flat at $1,000 - $1,050 per ton since June. The price hike is driven by a combination of improvement in seasonal demand (unmade orders as of mid-December = +300,000 tons per week against +240,000 tons per week in late February/early March) and a reduction in supply (closure of MWV's 200,000 tpy No. 2 paper machine at Evadale, Texas and IP's 140,000 tpy coated boxboard mill in Franklin, Va., by mid-year).
|
|
