U.S. Containerboard Production Essentially Flat in October 2019
The U.S. containerboard operating rate was 94.7 percent, essentially flat (-0.5 pts.) from October 2018 and down 5.5 points year-to-date.
Nov. 15, 2019 - The American Forest & Paper Association (AF&PA) released the October 2019 U.S. Containerboard Monthly report. According to the report, total containerboard production in October remained essentially flat (+0.0%) compared to October 2018. It was down four percent when compared to the same 10 months of 2018. October 2019 production of containerboard for export increased four percent compared to the same month last year; it was down 16 percent year-to-date. The containerboard operating rate was 94.7 percent, essentially flat (-0.5 pts.) from October 2018 and down 5.5 points year-to-date. The operating rate in October increased 1.7 percent from September 2019. Mill inventories of containerboard at the end of October decreased 26,000 short tons from the previous month and were up 30,000 short tons compared to October 2018. 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 |