Price increase for corrugated products in North America
Several major North American producers of containerboard have recently increased linerboard prices by $50-$70/ton. Though not universal, this recent round of increases is already being adopted by several integrated and independent corrugated manufacturers.
Learn more about corrugate price changes using the Lumi Corrugated Tracker.
While corrugated increases are expected a couple times a year, this situation is slightly abnormal because the increase is being driven by tight supply and sustained increase in demand, which has not let up despite the holiday season coming to an end. These issues are compounded by the rise in input costs and unpredictable shortages in labor due to COVID-19.
Please reach out to your Customer Success Manager to understand how the price increase impacts your products.