Board Converting News, October 26, 2020

FBA: Containerboard Shipments, Production Surge In September Industry shipments of corrugated products increased 8.8 percent, from 32.039 bsf in September of 2019 to 34.858 bsf in September of 2020, the Fibre Box Association (FBA) reported. The increase is partially due to the fact there was one more shipping day in September of 2020. Average week shipments increased 3.6 percent, from 8.010 bsf in 2019 to 8.300 bsf in 2020. Shipments of corrugated prod- ucts are up 1.1 percent year-to-date. Containerboard consumption increased 8.3 percent, from 2.6312 million tons in September of 2019 to 2.8485 million tons in September of 2020. Consumption is up 1.6 percent year-to-date over 2019, from 24.2028 million tons to 24.590 million tons. Containerboard inventory at corrugator plants in- creased 1.9 percent, from 1.9155 million tons in August to 1.9511 million tons in September 2020. Weeks of supply remained at 2.9 percent in September. AF&PA reported that total containerboard production in September increased four percent compared to Septem- ber 2019. It was up four percent when compared to the same nine months of 2019. September 2020 production of containerboard for export decreased 12 percent com- pared to the same month last year; it was up 19 percent year-to-date.

Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month September 2020

Year

Actual

Percent Change Avg Week Percent Change

2020 2019

34.858 32.039

8.8

8.300 8.010

3.6

Industry Total

Year-to Date

September 2020

Year

Actual

Percent Change Avg Week Percent Change

2020 2019

300.546 294.203

2.2

7.868 7.783

1.1

Industry Total

Containerboard Consumption (Thousands of Tons)

Year

Month

Percent Change Year-to-Date Percent Change

2020 2019

2.8485 2.6312

8.3

24.5900 24.2028

1.6

Container Board Inventory - Corrugator Plants (Thousands of Tons)

Corrugator Plants Only

Date

Percent Change Weeks of Supply

Percent Change

Sep. Aug.

1.9511 1.9155

1.9

2.9 2.9

0.0

Shipping Days

Year

Month

Year-to-Date

2020 2019

21 20

191 189

SOURCE: Fibre Box Association

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October 26, 2020

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