U.S. CRB Pushed by Strong Demand and Order Backlogs, Higher Operating Rates

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Coated recycled board (20-pt clay coated) producers in North America implemented a $20 - $30/ton (announced = $40/ton) price increase in August, Wilde notes. The current price increase, he adds, is driven by improved demand, strong order backlogs, and higher operating rates. This is the third price increase of the year after the $30/ton increase in January and $35/ton increase in April. At current levels, prices are up 15.6% from year-ago levels.