Greif forecasts average $48-per-ton OCC cost this year

Projecting an average OCC price of $48 per ton for this fiscal year, industrial packaging producer Greif Inc. continues to enjoy lower recycled fiber costs even as it experiences lower demand for many of its products.

The Delaware, Ohio-based manufacturer of paper, plastic and metal industrial packaging products recently reported its financial results for the third quarter of its 2023 fiscal year, or the May-July 2023 period.

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