Board Converting News, May 25, 2020

Board Converting News, May 25, 2020

BoardConverting Serving the North American Corrugated and Folding Carton Industries for 36 years May 25, 2020 VOL. 36, NO. 21

ICPF Continues Its Successful Work Through The Pandemic BY LEN PRAZYCH Since the arrival of the pandemic earlier this year, one of the Inter- national Corrugated Packaging Foundation’s (ICPF) many initiatives during this time has been assisting its 27 partner universities in tran- sitioning to remote teaching utilizing ICPF’s online corrugated curricu- la. Through the support of packaging design software manufacturers

FBA: Shipments Shrink In April

Industry shipments of corrugated products decreased 2.1 percent, from 32.65 bsf in April of 2019 to 31.96 bsf in April of 2020, the Fi- bre Box Association (FBA) reported. Average week shipments also decreased 2.1 percent, from 7.775 bsf in 2019 to 7.611 bsf in 2020. Shipments of corrugated products are up 1.5 percent year-to-date. Containerboard consumption was 2.657 million tons in April of 2020, down from 2.690 million tons, or 1.2 percent, in April of 2019. Consumption increased 3.5 percent year-to- date over 2019. Containerboard inventory at corrugator plants increased 7.7 percent, from 2.1278 million tons in March to 2.2914 million tons in April 2020. Weeks of supply grew from 3.3 in March to 3.6 in April, or 9.1 percent. “In addition to replenishing low inventories at the end of March from that month’s boom in shipments, declining box shipments this month led to an inventory increase of 145,000 tons,” noted Dick Storat in his Scoring Boxes newsletter. “At the end of April, container- board inventories at mills and box plants were 2.2 percent higher than a year earlier.” Storat also provided >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40

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