Pizza Box Prices On The Rise
Valued Pizza Customer During the month of March all major paper producers announced a $50 per ton price increase on linerboard and medium. On Friday, April 21st Pulp and Paper Weekly reported that those price increases had been implemented market wide.
The reported reasons for the increase are as follows:
- US containerboard mills continue to run at operating rates well over 96.3%.
- In March, total inventories of containerboard in US containerboard mills and box converting plants plunged by 133,000 tons, which was more than double the average 62,000-ton decline shown over the past decade for March.
Due to the announced increase, Packaging Corporation of America will be increasing prices 10% effective with orders placed on June 1st , 2017 Your business is of great value to us and we thank you for understanding our need to recover the additional costs of supplying your products. We appreciate the opportunity to serve your packaging needs and look forward to a continued long-term relationship.
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