NEW YORK ( TheStreet) -- Latest data from the American Forest & Paper Association show that containerboard, boxboard, unbleached Kraft, and solid bleached folding paperboard production for February 2011 increased phenomenally from the year-ago month, indicating improved demand. Meanwhile, many paperboard producers like Caraustar Industries (CSAR), Rock-Tenn (RKT) and Sonoco Products (SON - Get Report) have already announced price increases effective April 2011.An industry analyst believes that while on one hand, prices for a few paper grades have already touched highs, the paper industry on the whole is still only halfway through its upward cycle. Furthermore, Bill Moore, a paper-recycling consultant with Moore & Associates, forecasts that going forward, he remains bullish for the recovered paper and finished paper markets. Thereby, he foresees a solid footing for the paper industry in the future.
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