Sonoco (SON) announces USD 70/T price increase for all grades of uncoated recycled paperboard in the US and Canada, effective April 3rd; to also raise prices for all converted paperboard products by 8%

Sonoco (SON) announces USD 70/T price increase for all grades of uncoated recycled paperboard in the US and Canada, effective April 3rd; to also raise prices for all converted paperboard products by 8%.

Sonoco's price increase on uncoated recycled paperboard will likely reflect rising input costs and could signal tightening supply dynamics in the recycled materials space. This move could have broader inflationary implications, impacting related sectors and potentially influencing pricing strategies across the paper and packaging industries as companies adjust to maintain margins.