U.S. Containerboard Flat
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November containerboard prices were flat at $635 - $645/ton, according to Wilde. October box data, he notes, were a bit better than expected and recent ISM/retail data suggest that domestic demand is relatively flat to modestly positive. "While Deutsche Bank is forecasting a drop of $5/ ton q/q in the fourth quarter and $40 - $45/ton y/y in 2012, we've become a bit more optimistic about December published prices. We still haven't seen much evidence of domestic erosion," he says.
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