Board Converting News, September 21, 2020

AF&PA Releases August Packaging Papers, Containerboard Reports The American Forest & Paper Association (AF&PA) has released its August 2020 Packaging Papers and Con- tainerboard Monthly reports. Total packaging papers and specialty packaging shipments in August increased one percent compared to August 2019. • The operating rate was 85.2 percent, down 2.7 points from August 2019 and down 1.0 points year-to-date. • Mill inventories at the end of August increased 4,000 short tons from the previous month and were up 12,000 short tons compared to August 2019. 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.

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September 21, 2020

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