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
After a consultation period, Fastmarkets has amended the pricing frequency of its MB-STE-0141 steel billet import, cfr Manila, $/tonne, price assessment from a daily basis to twice per week.
Fastmarkets invites further feedback on proposed amendments to its newly launched MB-NI-0256 Nickel low-carbon briquette premium, cif global, price assessment.
Fastmarkets proposes to amend its MB-STE-0782 steel billet export, fob ports Iran and MB-STS-0019 steel slab export, fob ports Iran assessments.
Fastmarkets proposes to amend its MB-STE-0896 steel slab import, cif Italy, $/tonne price assessment.
The publication of the following prices was delayed on Tuesday April 30 due to technical issues. Fastmarkets’ pricing database has been updated.
The publication of Fastmarkets’ cobalt hydroxide, min 30% co, inferred price was delayed on Tuesday April 30 due to a technical error. Fastmarkets’ pricing database has been updated.