Total Printing-Writing Paper Shipments Declined Last Month
WASHINGTON, DC—July 21, 2011—According to the American Forest & Paper Association’s “June 2011 Printing-Writing Paper Report,” total printing-writing paper shipments decreased 5.1 percent compared to June 2010. All four major printing-writing grades posted declines. U.S. purchases (shipments + imports – exports) of printing-writing papers decreased 6 percent in June 2011 compared to June 2010. Total printing-writing paper inventory levels for the month decreased 4 percent compared to May 2011.
Some points of interest from the report include:
• May exports of uncoated free sheet (UFS) increased year-over-year for the third straight month.
• Inventory of coated free sheet (CFS) decreased for the second time in the last eight months.
• Coated mechanical (CM) inventory month-over-month decreased for the second time this year in June.
• Uncoated mechanical (UM) shipments decreased year-over-year for the third consecutive time in 18 months.
About the American Forest & Paper Association
The American Forest & Paper Association is the national trade association of the forest products industry, representing pulp, paper, packaging and wood products manufacturers, and forest landowners. Our companies make products essential for everyday life from renewable and recyclable resources that sustain the environment. The forest products industry accounts for approximately 5 percent of the total U.S. manufacturing GDP. Industry companies produce about $175 billion in products annually and employ nearly 900,000 men and women, exceeding employment levels in the automotive, chemicals and plastics industries. The industry meets a payroll of approximately $50 billion annually and is among the top 10 manufacturing sector employers in 48 states. Visit AF&PA online at www.afandpa.org.
Source: AF&PA.