U.S. Containerboard Production Increased Three Percent in October 2020
The U.S. containerboard operating rate in October 2020 was 98.1%, up 3.6 points from October 2019 and up 2.8 points year-to-date.
Nov. 23, 2020 - The American Forest & Paper Association (AF&PA) has released its October 2020 Containerboard Monthly report. According to the report, total containerboard production in October increased three percent compared to October 2019. It was up four percent when compared to the same 10 months of 2019.
October 2020 production of containerboard for export decreased 13 percent compared to the same month last year; it was up 15 percent year-to-date.
The containerboard operating rate was 98.1%, up 3.6 points from October 2019 and up 2.8 points year-to-date.
Mill inventories of containerboard at the end of October decreased six thousand short tons from the previous month, and were up 42 thousand short tons compared to October 2019.
NOTE: Beginning in 2021, AF&PA will publish the Containerboard reports on a quarterly basis; the reports will still contain the monthly data. The first report with 2021 data will be published in April 2021. Please contact firstname.lastname@example.org with questions.
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.