The American Forest & Paper Association (AF&PA) released its May 2021 Packaging Papers & Specialty Packaging Monthly report.
Total packaging papers & specialty packaging shipments in May increased five percent compared to May 2020. They were up two percent when compared to the same five months of 2020.
- The operating rate was 87.6 percent, up 7.3 points from May 2020 and up 5.6 points year-to-date.
- Mill inventories at the end of May decreased 2,000 short tons from the previous month and were up 3,000 short tons compared to May 2020.
The American Forest & Paper Association (AF&PA) serves to advance U.S. paper and wood products manufacturers through fact-based public policy and marketplace advocacy. The forest products industry is circular by nature.