U.S. Containerboard Production Remained Essentially Flat in August 2020
The containerboard operating rate was 92.1 percent, essentially flat (-0.4 pts.) from August 2019 and up 2.7 points year-to-date.
Sept. 17, 2020 - The American Forest & Paper Association (AF&PA) has released its August 2020 Containerboard Monthly report. According to the report, total containerboard production in August remained essentially flat (+0.4 percent) compared to August 2019. It was up four percent when compared to the same eight months of 2019. August 2020 production of containerboard for export decreased nine percent compared to the same month last year; it was up 23 percent year-to-date. The containerboard operating rate was 92.1 percent, essentially flat (-0.4 pts.) from August 2019 and up 2.7 points year-to-date. Mill inventories of containerboard at the end of August increased 35,000 short tons from the previous month and were up 68,000 short tons compared to August 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 |