U.S. Containerboard Production Decreased 7.8 Percent in July 2019
The containerboard operating rate increased from 89.1 percent in June to 89.9 percent in July. While the total linerboard rate increased to 88.0 percent, it has been below 90 percent in five out of seven months this year.
August 19, 2019 - The American Forest & Paper Association (AF&PA) released the July 2019 Containerboard Monthly report. According to the report, containerboard production in July 2019 decreased 7.8 percent compared to July 2018 and was down 5.3 percent year-to-date. The average daily production compared to June 2019 was 2.5 percent higher. The containerboard operating rate increased from 89.1 percent in June to 89.9 percent. While the total linerboard rate increased to 88.0 percent, it has been below 90 percent in five out of seven months this year. The July total operating rate was 8.7 points lower than the same month last year and the year-to-date operating rate was down 6.6 points. Production for export, most of which is linerboard, was down 18.3 percent month-over-month and was down 18.5 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 |