October 2012 paper reports
The American Forest & Paper Association released its October 2012 U.S. paper reports.
Containerboard production rose 2.6 percent over September 2012 and 0.5 percent compared to the same month last year. The month-over-month average daily production decreased 0.7 percent. The containerboard operating rate for October 2012 gained 0.1 points over September 2012, increasing from 96 percent to 96.1 percent.
Total boxboard production increased by 2.6 percent compared to October 2011 and increased 0.5 percent from last month. Unbleached Kraft Boxboard production decreased over the same month last year and decreased compared to last month. Total Solid Bleached Boxboard & Liner production increased compared to October 2011 and increased compared to last month. The production of Recycled Boxboard increased compared to October 2011 and increased when compared to last month.
Total U.S. industry consumption of recovered paper in October was 2.49 million tons, 6 percent higher than in September 2012. Consumption was up across all grades except for Newspapers, which remained at its September low and was 25 percent lower than in October 2011. Year-to-date total consumption in 2012 is 4 percent lower than during the same period last year.
U.S. exports of recovered paper remained approximately flat, dropping 1 percent in September compared to August. Average export $/Ton figures were lower across all grades when compared to the prior month. Year-to-date exports of recovered paper in 2012 are 7 percent lower than during the same period in 2011.
According to the report, total printing-writing paper shipments decreased two percent in October compared to October 2011, primarily driven by declines in uncoated mechanical shipments.
Additional key findings include:
- October shipments of coated free sheet papers increased year-over-year for the 5th time in the past 12 months, reaching the highest level since September 2010.
- Shipments of uncoated free sheet paper in October increased two percent over the same period in 2011, with mill inventories at the lowest level since July 1995.
- October uncoated mechanical paper shipments decreased 23 percent compared to October 2011, with YTD shipments down 16 percent relative to the previous year.
Total Kraft paper shipments were 128.3 thousand tons, a decrease of 5 percent compared to the prior month. Total inventory was 72.9 thousand tons this month. Both unbleached and bleached Kraft shipments decreased year over year.