navitor.com 10 Aluminum While aluminum remains tight in the market, the availability of magnesium is improving, as US MAG is coming out of their lawsuit looking like they will be producing again. Resin Resin is holding steady and there may be downward movement on pricing at the start of the year. Hurricane season is here, so it will be important to watch plants that produce resin. Corrugated Pricing has been holding steady through Q3 and is expected to remain steady for the remainder of the year. There may be downward movement on pricing heading into Q1. Capacity is starting to increase with a few major suppliers. All paper products produced in the U.S. have been affected, including boxes, paper collateral, paper mailers, publications, paper stickers and labels, paper tape, paper tubes, and paper void fill. Packaging Materials The availability of liner board boxes remains tight, and there are still lead times of 6-8 weeks to secure material. Wood Pricing Pallet prices on new/used is holding steady, and pricing may drop at the start of the year. PACKAGING MARKET October 2022 The market trend for corrugate is indicating consistent pricing through the rest of 2022. Packaging supply availability will continue to stay tight as demand remains high heading into the retail heavy season. Although price increases have started to stabilize in the packaging market, overseas conflicts and fuel pricing are items still being monitored. While packaging supply is expected to remain steady for the remainder of Q4, it is still recommended to source products ahead of time. With hurricane season approaching, more supply chain disruptions could be on the way as well.
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