Australian Packaging Paper Price Index up 15% year-ended May

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IndustryEdge’s Australian Packaging Paper Trade Price Indexes continued on trend in May, with the aggregate index up 1.0% for the month, 4.7% for the quarter and 15.0% on an annualised basis. The sustained growth in trade prices has been most pronounced for Corrugating Medium over the last year, closely followed by General Bleached Cartonboard, both of which include significant imports from New Zealand. The indexes thus reflect currency movements, as much as they do product price movements.

The table below shows the most recent movements in the IndustryEdge Australian Packaging Paper Trade Price Indexes, based in Australian dollars.

3 MMA Indexes

Apr-22

May-22

Comparison with Prior

Month

Quarter

Year

Containerboard

115.144

116.933

1.6%

0.9%

6.8%

Kraftliner

105.949

105.060

-0.8%

2.4%

5.4%

Corrugating Medium

132.498

136.770

3.2%

5.2%

18.9%

Testliner/Multiply

127.234

130.015

2.2%

-8.2%

3.2%

Cartonboard

122.021

122.869

0.7%

4.7%

12.0%

Coated Kraftback

87.298

84.818

-2.8%

-15.3%

-25.0%

General Bleached Cartonboard

126.060

128.622

2.0%

7.6%

16.9%

Sack Kraft

92.076

99.551

8.1%

5.9%

-2.0%

All Packaging

128.090

129.376

1.0%

4.7%

15.0%

Note: This index shows the weighted average price movements for selected grades of packaging and industrial paper, and for the total of all packaging grades, imported to Australia

 

Examining the difference in prices for the quarter ended May 2022, compared with prices a year earlier, the All Packaging index is up 15.0%. Containerboard grade prices grew on average 6.8% across the year, and Cartonboard was up 12.0%, as evident in the charts below.

The charts show the headline indexes in AUD and USD. Source and attributions for the charts and data are: Source: ABS, derived and IndustryEdge.

 

 

 

 

About the Indexes

IndustryEdge’s Australian Packaging Paper Trade Price Indexes are constructed from raw data detailing all imports of each of the relevant grades of paper for the given period. No adjustment has been made to the original data or to the indexes. 

IndustryEdge uses three-month moving average indexes to smooth out monthly movements that can be misleading. These indexes provide a useful and immediate image of the recent trade price trends.

The index base is January 2017 = 100.

 

This item was first published in Edition 205 of Pulp & Paper Edge in July 2022

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