U.S. Printing & Writing Paper Shipments Down in November
Dec. 23, 2008 - According to the American Forest & Paper Associationís November 2008 Printing-Writing Paper Report, total printing-writing paper shipments decreased 20.2% in November compared to November 2007. For the year-to-date, shipments were down 6.6%. U.S. purchases of printing-writing papers dropped 20.7% in November versus year-ago. Total printing-writing paper inventory levels increased 23,700 tons from October, a 1.2% increase.
Uncoated mechanical shipments decline for third consecutive month following eight consecutive months of increases. UM shipments decreased 6.8% when compared to November 2007. U.S. purchases of UM were down 18.9% when compared to November 2007. UM inventories increased 1.3%, or 1,100 tons, from October.
Uncoated free sheet shipments decreased for eleventh consecutive month. UFS shipments fell 17.3% compared to November 2007. For the year-to-date, UFS shipments were 7.6% below last year. U.S. purchases of UFS were also down, declining 18.2% when compared to November 2007, as a surge in imports in September returned to normal levels in October. UFS inventories increased 0.5% compared to last month, an uptick of 6,000 tons.
Coated free sheet shipments hit double-digit decline for third consecutive month. CFS shipments dropped by 19.5% compared to November 2007. For the year-to-date, shipments of CFS were down 8.4%. U.S. purchases of CFS decreased 22.8% compared to last November. CFS inventories increased 8.8% compared to October, an increase of 41,900 tons.
Coated mechanical shipments decreased the most in November, its seventh consecutive decline. CM shipments fell 34.2% when compared to November 2007. Year-to-date shipments of CM were down 8.5% compared to last year. U.S. purchases of CM were down 25.8% compared to November 2007. Despite the drop in shipments, CM inventories decreased 9.2%, or 25,500 tons, from last month.
SOURCE: American Forest & Paper Association (AF&PA)