Additional URB Producers Announce Price Increases
was the first with such an increase in 2026, and its early February announcement came simultaneously with a $70 per ton containerboard price hike. Greif is implementing the $60-$70 per short ton in- crease, depending on the grade, on new URB orders and shipments as of April 6, while it will increase tube and core and protective prices by a minimum of 7.5 percent on April 13. Sonoco’s URB price increase is slated for April 3, and its 8 percent increase on all other converted paperboard products hike is scheduled for April 15. Greif said the URB hike is due to increased costs, such as for labor and utilities, while Sonoco’s reasons include inflationary input costs, tightening market conditions and increased mill utilization rates. Similarly, Cascades in Feb- ruary had cited higher input costs. Sonoco, Greif and Cascades are the first, second and
According to a report on Packaging Dive , four more un- coated recycled board (URB) producers have announced price increases. Ox Industries, the third largest North American URB producer, announced a $70 per ton URB price increase as of April 6. It also intends to raise prices by 8 percent on April 13 for converted products such as tubes, cores and protective packaging. The company cited inflationary pressure for inputs and tight market conditions. Greif became the second major uncoated recycled paperboard producer within the last week to announce a price increase, after Sonoco earlier this month. Cascades
fourth largest North American URB produc- ers, respectively. Producers’ price increase announcements come just after a round of similar activity from containerboard produc- ers. For those, Cascades joined other con- tainerboard producers such as International Paper, Packaging Corporation of America and Smurfit Westrock. The containerboard bumps were for $70 per ton, with all slated to occur the first week of March. Weeks after those announcements, Fast- markets RISI shocked the industry by report- ing that monthly containerboard prices fell by $20 per ton in February compared with January. While analysts noted that the index only covers the open market — generally estimated at less than 10 percent of the en- tire containerboard market — they also said the $20 per ton decrease could jeopardize producers’ abilities to get full recognition of their hikes. URB order activity improved, which could be supportive of Cascades’ March 2 price increase for that grade, re- ported Michael Roxland, senior paper and packaging analyst at Truist Securities. In February, George Staphos, BofA Secu- rities analyst, said that URB markets showed slight improvement in bookings and longer lead times. Overall boxboard demand was stable, including from plastic-to-fiber trends. “This is interesting, as the sustainability theme seemed to cool recently amid afford- ability concerns,” he said. Both Staphos and Roxland noted that producer substitution among boxboard grades is occurring, which stands to bene- fit grades other than solid bleached sulfate. “Substitution among grades also seems to be a growing topic of discussion as the SBS premium to recycled grades has eroded,” Staphos said.
6 March 23, 2026
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