AF&PA Releases Q1 2023 Containerboard Quarterly Report

According to the report, total Containerboard production in the first quarter of 2023 decreased 10% when compared to Q1 2022.

• All containerboard grades experienced operating rate increases relative to Q4 2022.
• Liner grades had a combined quarterly operating rate of 83.5%, up from 78.7%, while Medium grades were at 90.9%, up from 86.1%.
• Export production in Q1 was 22.9% higher than the previous quarter, but trailed Q1 2022 production by 23.5%.
• Mill inventories dropped below 400,000 short tons for the first time since September 2021.