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Fly News Breaks for May 17, 2018
WRK, GPK
May 17, 2018 | 08:25 EDT
After successfully raising coated recycled paperboard prices by $50 per ton in February-March, Graphic Packaging (GPK) announced another $50 per ton increase yesterday effective June 15, KeyBanc analyst Adam Josephson tells investors in a research note, citing RISI. Sources told RISI that WestRock (WRK) is likely to also announce a $50 per ton increase for June, the analyst adds. Josephson believes boxboard industry conditions are "quite healthy at the moment."
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