CUK Board Flat in U.S.

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List prices for coated unbleached kraft board (20-pt folding carton) were flat in August after the $40/ton price increase in June/July (first increase since August 2008), Wilde reports. At current levels of $865- $925/ton, prices are up 4.7% y/y. The recent price increase was driven by strong beverage demand and pick-up in back-to-school activity. This increase will help in restoring the spread with CRB prices, which rose in Septemer 09, January 2010, Apil 2010, and August 2010.