The Box Boom is Breaking Down

By Ryan Dezember
The Wall Street Journal
December 19, 2022
Category: Finance & Economics
Region: United States

Prices for containerboard, the material that is folded into shipping boxes, declined for the second straight month, according to Fastmarkets RISI’s PPI Pulp & Paper Week, a trade publication that sets benchmarks by surveying buyers and sellers. Prices dropped $20 a ton, or about 2.2%, in December. It was the same decline as in November, which was the first time containerboard had gotten cheaper since the summer of 2019. Containerboard prices soared to records during the pandemic e-commerce explosion, but lately easing demand, ample inventories and new production capacity have forced big box makers, such as International Paper, to curtail output in hopes of balancing the market. [END]

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