FBA: Shipments Jump (CONT’D FROM PAGE 1 )
Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month December 2020
containerboard, however, the additions to capacity be- tween November and December have been primarily in the virgin containerboard sector,” noted Dick Storat in his Scoring Boxes newsletter. “Recycled containerboard now accounts for more than 35 percent of total U.S. container- board capacity. This growth has occurred over the past 12 years, from a level of 24 percent at the start of 2009.” Greif, PCA Announce Price Increases Delaware, Ohio based Greif, Inc. announced last week that it is implementing price increases on its paperboard and containerboard products. A $50/ton price increase for all grades of uncoated recycled paperboard (URB), a $70/ton price increase on recycled and semi-chemical medium, and a $60/ton increase on recycled linerboard will be ef- fective with shipments on and after March 4, 2021. Lake Forest, Illinois based PCA announced a $70/ ton hike, effective March 1. “This is the biggest domestic hike in memory and comes just four months after a $50 increase,” said Mark Wilde Ph.D. at BMO Capital Markets. “With markets very tight, other producers are sure to fol- low, but whether they can get $70 is another matter. We expect this attempt to garner more push-back from box customers than the November hike.”
Year
Actual
Percent Change Avg Week Percent Change
2020 2019
34.916 31.332
11.4
8.729 7.833
11.4
Industry Total
Year-to Date
December 2020
Year
Actual
Percent Change Avg Week Percent Change
2020 2019
406.776 393.483
3.4
8.071 7.838
3.0
Industry Total
Containerboard Consumption (Thousands of Tons)
Year
Month
Percent Change Year-to-Date Percent Change
2020 2019
2.7727 2.5660
8.1
33.0739 32.3005
2.4
Container Board Inventory - Corrugator Plants (Thousands of Tons)
Corrugator Plants Only
Date
Percent Change Weeks of Supply
Percent Change
Dec. Nov.
1.8921 1.7912
5.6
2.7 2.5
8.0
Shipping Days
Year
Month
Year-to-Date
2020 2019
20 20
252 251
SOURCE: Fibre Box Association
8
www.boardconvertingnews.com
February 8, 2021
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