U.S. Containerboard Production in May Decreased Six Percent
The containerboard operating rate in May increased slightly from 91.5 percent in April to 91.9 percent, as the total linerboard rate rose above 90 percent for the first time since January.
June 19, 2019 - The American Forest & Paper Association (AF&PA) has released the May 2019 Containerboard Monthly report. According to the report, containerboard production in May decreased six percent compared to May 2018 and was down 4.5 percent year-to-date. The average daily production compared to April 2019 was 0.9 percent higher.
The containerboard operating rate increased slightly from 91.5 percent in April to 91.9 percent, as the total linerboard rate rose above 90 percent for the first time since January. In spite of the bounce back in the last couple of months, the May operating rate was 6.7 points lower than the same month last year and the year-to-date operating rate was down six points compared to last year.
Containerboard production for export, most of which is liner, was down nearly 18 percent year-over-year and nearly 20 percent year-to-date.
The complete report with detailed tables, charts and historical data can be purchased by contacting Kory Bockman at Statistics_Publications@afandpa.org or 202-463-4716.
The American Forest & Paper Association (AF&PA) serves to advance a sustainable U.S. pulp, paper, packaging, tissue and wood products manufacturing industry through fact-based public policy and marketplace advocacy. AF&PA member companies make products essential for everyday life from renewable and recyclable resources and are committed to continuous improvement through the industry's sustainability initiative — Better Practices, Better Planet 2020.
The forest products industry accounts for approximately four percent of the total U.S. manufacturing GDP, manufactures approximately $300 billion in products annually, and employs nearly 950,000 men and women. The industry meets a payroll of approximately $55 billion annually and is among the top 10 manufacturing sector employers in 45 states. Visit AF&PA online at www.afandpa.org or follow us on Twitter @ForestandPaper.