UPDATE: International Paper (IP) CEO Sutton Says Supply, Demand, Market Growth Support Price Rise - Bloomberg

November 17, 2016 1:41 PM EST

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(Updated - November 17, 2016 1:49 PM EST)

(Updated - November 17, 2016 1:43 PM EST)

International Paper (NYSE: IP) gained Thursday following comments from CEO Mark Sutton at an analyst conference.

According to Bloomberg, Sutton said containerboard demand for boxes is growing globally, it is getting the containerboard price increase fully implemented, and suppy, demand, and market growth support the price increase.

International Paper's peers include Kapstone (NYSE: KS), Packaging Corp. (NYSE: PKG), and WestRock (NYSE: WRK).

Active; CEO Sutton Says Supply, Demand, Market Growth Support Price Rise - Bloomberg



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