Decision on proposal to launch a new price assessment for 50-lb unbleached kraft grocery bag paper

Following a market consultation period, Fastmarkets has decided to launch a price assessment for 50-lb unbleached kraft grocery bag paper in the open market in North America. The price line starts on Nov. 17, 2023.

The grade is being added so that the Heavyweight grade pricing will be provided for grocery bag paper. Fastmarkets already prices Lightweight grocery bag paper.

The new grade to be priced is the Unbleached Grocery bag, Heavyweight, 50 lb/80 g

This price line will run in the Fastmarkets online portal, mobile app, and Fastmarkets PPI Pulp & Paper Week, alongside existing price assessment for kraft paper in the US.

The new price assessment is based on open market net transaction levels after specific customer discounts. Our North American pricing team has researched this addition for kraft paper prices since earlier this year and developed a price series for this 50-lb grade back to November 2022.

Fastmarkets consulted on this change between July 7 and Aug. 18, 2023. No objections to the proposal were raised during the course of this consultation.

For more information on Fastmarkets’ methodology for North American packaging paper and board, including the new assessment, please see here.

To see all Fastmarkets pricing notices, please see here.

What to read next
The publication of Fastmarkets’ AG-PLM-0019 refined bleached deodorised (RBD) palm olein, cfr South China assessment for Thursday July 24 was delayed due to a reporter error. Fastmarkets’ pricing database has been updated.
Fastmarkets has launched a MB-STE-0935 Steel reinforcing bar (rebar), differential to shredded auto scrap Chicago, fob mill US, $/gross ton to complement its existing suite of steelmaking raw materials to finished product differentials on Wednesday July 23. This strategic launch is designed to offer the market a single reference price denoting the differential between steel […]
The following prices were affected:MB-BI-0001 bismuth 99.99% Bi min, in-whs Rotterdam, $ per lbMB-CD-0001 cadmium 99.95% min, cif global ports, cents per lbMB-CD-0002 cadmium 99.99% min, cif global ports, cents per lb. These prices are part of Fastmarkets’ minor metals package. For more information, or to provide feedback on the delayed publication of these prices, or if you […]
After a consultation period from June 20 to July 18, Fastmarkets made the decision to discontinue these assessments because the outright prices no longer reflect market conditions, with the market shifting toward payables as the dominant pricing method. The affected prices are:MB-NIO-0003 nickel mixed hydroxide precipitate outright price, cif China, Japan and South Korea, $ per tonneMB-NIO-0005 nickel […]
The publication of Fastmarkets’ MB-CO-0004 cobalt alloy grade, in-whs Rotterdam and MB-CO-0005 cobalt standard grade, in-whs Rotterdam assessments for Wednesday July 23 was delayed because of a system error. Fastmarkets’ pricing database has been updated.
On reviewing the methodology specifications, Fastmarkets is proposing to update the quantity, location and payment terms of the price. The specifications would be as follows, with amendments in italics: MB-SI-0003 silicon, ddp US, US cents per lbQuality: Si: 98.50%, Fe: 0.50%, Al: 0.50%, Ca: 0.30%Quantity: Min 20 tonnesLocation:ddp USUnit: US cents per lbPayment terms: 30 days, other terms normalizedPublication: Weekly, Thursday 4-5pm […]