COVERAGE NOTE: Fastmarkets RISI confirms proposed changes to US kraft paper assessments
San Francisco, CA, Jun 1, 2020 (Fastmarkets RISI) — Following market consultation, Fastmarkets RISI would like to confirm plans to proceed with changes to US kraft paper assessments proposed earlier this year.
From July 2020, Fastmarkets RISI will start publishing new net price assessments for four grades of bleached and unbleached kraft paper:
- Unbleached Extensible Multiwall Sack Kraft, 50 lb/80 g
- Unbleached Grocery bag, Lightweight, 30 lb/49 g, List
- Bleached Kraft paper, Grocery bag, 30 lb / 49 g, List
- Unbleached Kraft, Natural Multiwall Sack, 50 lb
These will run in the RISI online portal, mobile app, and PPI Pulp & Paper Week, alongside existing list price assessment for kraft paper in the USA. At the end of this year, the existing price assessments will be discontinued, leaving only the new net price assessments.
The new price assessments will be based on open market net transaction levels after specific customer discounts. Our North American pricing team has been researching this change for the kraft paper prices since last year.
Fastmarkets RISI consulted on this change between March 5th and May 31st 2020. No objections to the proposal were raised during the course of this consultation.
Fastmarkets RISI has published a list of Frequently Asked Questions to accompany the proposed launch of new price assessment for US kraft papers. The FAQs can be found here.
For more information on Fastmarkets RISI’s methodology for North American packaging paper and board, including the new assessments, please see here.
For other Fastmarkets RISI coverage notes please see here.