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International Paper (IP +3.2%), Packaging Corp of America (PKG +2.7%), and Rock-Tenn (RKT +2.3%)...

International Paper (IP +3.2%), Packaging Corp of America (PKG +2.7%), and Rock-Tenn (RKT +2.3%) all trade higher after Deutsche Bank takes a positive stance on the sector. It's the same old story, will containerboard prices increases stick or won't they? Deutsche says it's a 75%-80% chance that they will.
Comments (1)
  • I'd say its more 50/50, and I'm in the biz. Not a strong biz environment right now. I think inventories have dropped due to slowness in the market, not strong demand. Mills may need to take out more capacity to tighten the supply.
    21 Sep 2012, 04:35 PM Reply Like
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