Drop in U.S. Box Plant Containerboard Inventory Normal
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The U.S. box plant containerboard inventory (~86-88% of total inventories) decline in October was in-line with historical averages, according to Mark Wilde of Deutsche Bank. Inventories declined 64,900 tons m/m to 2,033,000 tons in October. During the past 10 yr., inventories have typically declined 63,000 tons m/m.
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