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