Total U.S. Packaging Papers & Specialty Packaging Shipments Increased Four Percent in June 2020
Mill inventories at the end of June decreased 5,000 short tons from the previous month and were up 17,000 short tons compared to June 2019.
July 17, 2020 - The American Forest & Paper Association (AF&PA) released its June 2020 Packaging Papers & Specialty Packaging Monthly report. According to the report, total Packaging Papers & Specialty Packaging shipments in June increased four percent compared to June 2019. They were up two percent when compared to the same six months of 2019. The operating rate was 86.8 percent, essentially flat (-0.1 pts.) from June 2019 and down 1.2 points year-to-date. Mill inventories at the end of June decreased 5,000 short tons from the previous month and were up 17,000 short tons compared to June 2019. The complete report with detailed tables, charts and historical data can be purchased by contacting Kory Bockman: 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 |