Prices for the material that is folded into corrugated shipping boxes stabilized this month, ending a four-month, roughly 7.5%, fall from all-time highs hit during the pandemic e-commerce boom. The benchmark grade of containerboard remains around $865 a ton, according to Fastmarkets RISI’s PPI Pulp & Paper Week, a trade publication that sets benchmarks by surveying buyers and sellers. It cost about $935 a ton in October, before prices began to tumble due to easing demand, ample supply and added production capacity. Shares of containerboard makers WestRock, Packaging Corp. of America and International Paper rose on the price report. Yet analysts say prices for the raw material could be pressured anew as planned containerboard mills open this year in Tennessee, Virginia, Kentucky and elsewhere, including Ontario, Canada. [END]