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Fly News Breaks for February 8, 2017
WRK, KS, IP, PKG
Feb 8, 2017 | 14:37 EDT
Jefferies analyst Philip Ng noted local Louisiana news reports of an explosion at Packaging Corp.'s (PKG) DeRidder mill, which should have the effect of further tightening the market. Though he notes that it is too early to say what the impact of the explosion will be on the company or the market, he believes the event increases the likelihood of a spring price increase.
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