U.S. Containerboard Production Decreased 6.6 Percent in June 2019
The containerboard operating rate decreased from 91.8 percent in May to 89.1 percent. The total linerboard rate dropped below 90 percent for the fourth time this year, down to 86.3 percent.
July 18, 2019 - The American Forest & Paper Association (AF&PA) released the June 2019 Containerboard Monthly report. According to the report, containerboard production in June 2019 decreased 6.6 percent compared to June 2018 and was down 4.9 percent year-to-date. The average daily production compared to May 2019 was 0.6 percent higher. The containerboard operating rate decreased from 91.8 percent in May to 89.1 percent. The total linerboard rate dropped below 90 percent for the fourth time this year, down to 86.3 percent. The June total operating rate was 7.1 points lower than the same month last year and the year-to-date operating rate was down 6.2 points compared to last year. Production for export, most of which is linerboard, was down 11.5 percent month-over-month and was down 18.6 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. SOURCE: AF&PA |