StockWatch
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Containers/Packaging
Price UpdateJun 8, 2026, 07:01 AM

Sonoco to Increase URB Prices by $60/ton, Converted Products by 7%

AI Summary

Sonoco Products Company announced a price increase for its uncoated recycled paperboard (URB) and converted paperboard products. Effective July 8, 2026, URB prices will rise by $60 per ton in the U.S. and Canada, while converted paperboard products will see a 7% increase. The company cited robust demand, strong mill utilization, and elevated inflationary pressures as reasons for the necessary adjustments to cover increased operating costs and ensure reliable supply.

Key Highlights

  • Sonoco to increase uncoated recycled paperboard (URB) prices by $60 per ton.
  • URB price increase applies to the United States and Canada.
  • URB price increase is effective with shipments beginning July 8, 2026.
  • Converted paperboard products prices will increase by 7%.
  • Converted paperboard products price increase is effective July 8, 2026.
  • Increases are driven by robust demand, strong utilization, and inflationary pressures.