The American Forest & Paper Association released its May U.S. paper reports.
Containerboard production increased 7.7 percent from April and was essentially flat compared to the same month last year. The month-over-month average daily production increased 4.2 percent. Shipments for May were 2,957.6 thousand tons, representing 167.6 billions of square feet. The containerboard operating rate for May increased 2.2 points compared to April.
Total Kraft paper shipments were 128.9 thousand tons, 3.4 percent lower compared to the prior month. Bleached Kraft paper shipments dropped from 11.8 thousand tons in April to 9.4 in May, while unbleached Kraft paper shipments decreased from 121.7 thousand tons to 119.5. Overall, shipments for the first 5 months of 2014 were 1.4 percent lower than the same period last year. Total month-end inventories increased 6.4 percent compared to April.
Printing-Writing Paper Report
According to the report, total printing-writing paper shipments decreased seven percent in May compared to May 2013, with total paper inventories increasing two percent from April levels.