Board Converting News, May 16, 2022

ICPF Early Bird (CONT’D FROM PAGE 5)

Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month March 2022

sored by Fosber America and the dinner is sponsored by WestRock. Greif, Inc. also is a sponsor of the weekend. In addition to saving by registering by July 31st, ICPF’s New York holiday event always sells out early. Space is limited to a first-come first-serve basis. ICPF recommends you register by June 30, but no later than August 31 to ensure participation. Request additional information and a registration form by e-mailing registration@icpfbox.org or download at careersincorrugated.org . AF&PA Releases Q1 2022 Containerboard Quarterly Report The American Forest & Paper Association (AF&PA) re- leased its Q1 2022 Containerboard Quarterly report. • Total Containerboard production in Q1 increased two percent compared to Q1 2021. • Q1 2022 production of containerboard for export in- creased nine percent compared to the Q1 last year. • The containerboard operating rate was 94.3 percent, essentially flat (+0.4 pts.) from Q1 2021. • Mill inventories of containerboard at the end of March decreased 102,000 short tons from the end of the pre- vious quarter and were up 63,000 short tons compared to March 2021.

Year

Actual

Percent Change Avg Week Percent Change

2022 2021

37.675 37.992

-0.8

8.190 8.259

-0.8

Industry Total

Year-to Date

March 2022

Year

Actual

Percent Change Avg Week Percent Change

2022 2021

102.648 102.938

-0.3

8.019 8.170

-1.8

Industry Total

Containerboard Consumption (Thousands of Tons)

Year

Month

Percent Change Year-to-Date Percent Change

2022 2021

3.1027 3.0967

0.2

8.4866 8.4625

0.3

Container Board Inventory - Corrugator Plants (Thousands of Tons)

Corrugator Plants Only

Date

Percent Change Weeks of Supply

Percent Change

Mar. Feb.

2.2693 2.3081

-1.7

3.4 3.5

-2.9

Shipping Days

Year

Month

Year-to-Date

2022 2021

23 23

64 63

SOURCE: Fibre Box Association

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