COVERAGE NOTE: Correction to Brazil Boxboard Footnotes

Due to an error, the footnote explaining Brazilian Boxboard assessments incorrectly reads “Delivered in Sao Paulo. Prices are net, excluding PIS/COFINS of 9.25% and other taxes and freight”.

It should read: “Delivered São Paulo. Includes PIS/COFINS taxes of 9.25%. Other taxes not included.

The error dates back to March 2016. RISI apologises for any possible misunderstanding caused by this.

For comments and queries, please email

For other RISI Coverage Notes please see here.

For more information on RISI’s assessment methodology, please see here.

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