Smurfit Kappa Announces Increase in Recycled Containerboard Prices
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A report this past week by the Irish Times, Dublin, Ireland, said packaging company Smurfit Kappa has announced a €60 per ton increase in recycled containerboard prices, effective from July 1.
The increase, according to the company, is in response to improving demand and falling inventory levels – particularly during June. Davy Stockbrokers said the industry had attempted to implement an increase in recycled prices earlier this year which did not go through.
"Given the strength in demand and falling inventory levels, we believe this attempt will be successful."
