Box and board packaging prices feeling pressure

Join John Anton and Patrick Warren from our pricing and purchasing team as they talk about the increases in packaging costs in the first half of 2021. After a decrease in costs and 2019 and a flat 2020, box and board is experiencing a second price increase in 4 months. Driven mainly by increased demand from online shopping, box demand is at all-time record levels. Add in some supply side pressures around labor shortages, wage increases due to overtime, transportation disruptions, and even cyber-attacks and you have an interesting story around what’s unfolding now and what’s to come later in the year. Patrick Warren, Senior Economist, Pricing and Purchasing John Anton, Director, Pricing and Purchasing https://ihsmarkit.com/experts/anton-john.html