US containerboard production up two percent in November
The American Forest & Paper Association (AF&PA) has released its November 2020 Containerboard Monthly report. According to the report, total containerboard production in November increased two percent compared to November 2019, and four percent when compared to the same 11 months of 2019.
November 2020 production of containerboard for export went down six percent compared to the same month last year; it was up 13 percent year-to-date.
The containerboard operating rate was 93.3 percent, essentially flat (-0.4 pts.) from November 2019 and up 2.5 points year-to-date.
Mill inventories of containerboard at the end of November increased 39,000 short tons from the previous month and were down 2,000 short tons compared to November 2019.