Paper price rises - Beige Gold!
You may have seen the headlines recently about ‘Beige Gold’. The newspapers colourful language for what we call cardboard! But with paper prices rising quickly in 2021 the media found an inventive way of describing the situation. So what is really going on?
The Confederation of Paper Industries has described the situation this past year as the perfect storm. The usual rise in demand for boxes towards Christmas has been accompanied with unprecedented demand for home delivery requiring more and more cardboard packaging. Throw Brexit into the mix along with Covid staffing issues in the global supply chain of cardboard and the price of paper has inevitably gone up along with lead times. Is cardboard as valuable as gold? Well, maybe not but the supply of corrugated has been impacted and as soon as demand exceeds supply then the price inevitable goes up.