Board Converting News, August 12, 2024

Welch Packaging (CONT’D FROM PAGE 1)

AVERAGE CONTAINERBOARD PRICES The average prices reported are tabulated from prices PAID by various sources throughout the United States the week previous to issue. Prices in some areas of the country may be higher or lower than the tabulated average. The prices tabulated here are intended only for purposes of reference. They do not connote any commitment to sell any material at the indicated average. Transactions may be completed at any time at a price agreed upon by seller and purchaser. REGION 42# Kraft liner 26# Semi-Chem. Medium $ 900.00-925. 00 $ 825. 00 -$850.00 U.S. Average CANADIAN LINERBOARD & MEDIUM The average prices reported are tabulated from prices PAID by various sources throughout Canada. Prices may be higher or lower in various areas of the country. The prices tabulated here are intended only for purposes of reference. They do not connote any commitment to sell any material at the indicated average. Transactions may be completed at any time at a price agreed upon by seller and purchaser. Prices are Canadian $ and per metric ton. 42# Kraft Liner 26# Semi-Chem Medium East $970.00 $960.00 West $1,015.00 $995.00 REGION

and President Scott Welch. “Consistent quality, proprietary board grades, and a dedicated supply chain are all elements of this start-up that will allow us to serve our customers better.”

FBA Reports Increase In Q2 Box Shipments

US corrugated box shipments increased on an actual/av- erage-week basis in the 2nd quarter compared to the 1st, based on data from the Fibre Box Association. Shipments were 96.3 billion sq. ft., 3.2 percent more than 1st quarter’s 93.3 billion sq. ft. and up 1.1 percent versus 2nd quarter 2023’s 95.3 billion. On an average-week, with one more shipping day in the second quarter, June average-week shipments increased 1.9 percent year-over-year, May’s to- tal was up 0.7 percent year-over-year, and April’s dropped 4.0 percent year-over-year.

Founded in 1985, Welch Packaging is a multi-genera- tional, family-owned and led business that creates custom corrugated products and packaging solutions for local customers. For more information about Welch Packaging and its latest developments, visit www.welchpkg.com .

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August 12, 2024

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