Commodity pricing for cardboard appears to be improving through the late spring 2020. It is certainly encouraging news.
COVID-19 has had a significant impact on the generation of cardboard. With businesses and many manufacturing enterprises closed or on limited operations the amount of cardboard generated in the marketplace has decreased significantly. This decrease has been felt not just on the west coast, but mid-west North America and east coast as well.
With the decline in cardboard being consumed this means less cardboard is sold to domestic and export mills, which has resulted in an improvement in the price of cardboard. “Murphy’s Law” would have it, just when the price improves volumes generated decline.
The appetite for cardboard and other paper grades including office papers is consistent to strong in the marketplace currently and is expected to continue to be strong through the late spring and early summer.
Perhaps this is a bit of good news in a sea of bad news that we have all been experiencing with COVID-19.
We hope you are staying healthy and safe during these very trying economic times.