The American Forest & Paper Association (AF&PA) released the July 2019 Containerboard Monthly report on August 16.
Containerboard production in July 2019 decreased 7.8 percent compared to July 2018 and was down 5.3 percent year-to-date. The average daily production compared to June 2019 was 2.5 percent higher.
The containerboard operating rate increased from 89.1 percent in June to 89.9 percent. While the total linerboard rate increased to 88.0 percent, it has been below 90 percent in five out of seven months this year. The July total operating rate was 8.7 points lower than the same month last year and the year-to-date operating rate was down 6.6 points. Production for export, most of which is linerboard, was down 18.3 percent month-over-month and was down 18.5 percent year-to-date.