After Boise Cascade (BCC) announced it is raising its linerboard price by $40/ton, corrugated medium by $70/ton, and white top linerboard by $40/ton, effective October 7, Wells Fargo said the firm believes the price hikes are a reflection of improving supply/demand fundamentals in the containerboard market. Given the news, the firm expects more producers to follow suit, calling the development positive for Overweight-rated Packaging Corp. (PKG).
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