AF&PA releases paper reports
The American Forest & Paper Association released its November U.S. paper reports.
Containerboard production lowered 7.2 percent over October 2013 and was 4.5 percent lower compared to the same month last year. The month-over-month average daily production decreased 4.2 percent. The containerboard operating rate for November 2013 decreased 3.9 points from October 2013, from 94.7 percent to 90.8 percent.
Total boxboard production was flat when compared to November 2012 but increased 0.3 percent from October. Unbleached Kraft Boxboard production increased over the same month last year and increased compared to October. Total Solid Bleached Boxboard & Liner production decreased compared to November 2012 but increased compared to the previous month. The production of Recycled Boxboard decreased compared to November 2012 and decreased when compared to October.
Total Kraft paper shipments were 114.7 thousand tons, 12.6 percent lower compared to the prior month. Bleached Kraft paper shipments increased year-over-year 9.1 percent, but the 3.7 percent year-over-year decline in unbleached Kraft paper shipments was enough to bring overall Kraft paper shipments down 2.1 percent year-over-year. Total month-end inventory increased 22.5 percent compared to October 2013.
Printing-writing paper report
According to the report, total printing-writing paper shipments were down 6 percent in November compared to November 2012. Total printing-writing inventory levels increased 4 percent from October.
Additional key findings:
- November coated free sheet (CFS) papers shipments decreased 13 percent compared to November 2012, with YTD shipments through November down 2 percent relative to 2012 levels. Exports of CFS were down 5 percent compared to the first 10 months of 2012.
- Uncoated free sheet (UFS) paper shipments decreased 4 percent in November, with year-to-date shipments lagging 2012 levels by 2 percent. UFS inventories increased 7 percent from October to November.
- November uncoated mechanical (UM) paper shipments increased 14 percent compared to 2012 and were down 8 percent YTD compared to the same period in 2012. Year-over-year imports of UM through October were up 8 percent, with exports also exceeding 2012 levels by 8 percent.
- Coated mechanical (CM) shipments in November decreased 10 percent compared to November 2012. Shipments of CM were down 10 percent for the year in 2013. Exports of CM increased 24 percent in October.