Smurfit Westrock to raise containerboard and kraft paper prices by $100 per ton from Sept. 1 amid tight North American supply
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Smurfit Westrock signaled sharply tighter North American paper markets, with broad sell-outs across grades and announced $100/ton hikes for containerboard and kraft effective Sept. 1, following PCA's $140/ton move and further SBS increases. The pricing actions reflect improved industry supply-demand balance and rising energy/freight inputs, implying firmer near-term pricing power for packaging producers while cost inflation remains a material margin variable.
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Smurfit Westrock (SW) said it will lift prices for containerboard and kraft paper by $100 per ton from Sept. 1, citing tight supply in the North American paper market. Packaging Corporation of America (PCA) previously announced a $140 per ton increase on July 24, sparking what has been described as the industry’s third round of hikes this year, with International Paper also among those following. SW also announced in July that prices for SBS folding carton, commercial print and foodservice paper grades will rise 4%–6% from Aug. 10, marking its second SBS increase this year. The series of increases reflects a tightening supply-demand balance in paper commodities.