Containerboard prices are stable in North America and Asia but Unbleached Kraftliner prices moved slightly higher in Europe.
We are projecting flat to lower prices on average for North America and other regions for 2019 on softer economic growth and over-supply of recycled containerboard. Input costs for secondary fibers are soft and are now projected to remain that way for the next several months.
2019 Packaging Material Cost Forecast Update Highlights for Containers
Our 2019 Forecast was completed in June in time for budgeting for this year. At that time we projected that prices would be modestly higher in 2019. Our January Update projects slightly lower containerboard prices by Q2.