Price increase for paper-based products
Manufacturers on Lumi are reporting that North American containerboard mills have implemented yet another $50 per ton increase on linerboard and $60 on medium. This is the third price increase of this kind since November 2020. Visit the Lumi Corrugated Tracker for live updates.
Historic demand fueled by consumer spending and a shift to ecommerce home deliveries is behind the increase. Paper supply remains tight, there is a shortage in labor and other input costs, such as freight, continue to rise.
Price increases vary by manufacturer, but range between 7 to 12%. Please message the manufacturers you work with to understand how the price increase impacts your products.