Brazilian corrugated board shipments improve 1.3% in April; annual sales still down

SAO PAULO, May 14, 2019 (PPI Latin America) -The Brazilian Corrugated Board Assn (ABPO) released preliminary figures showing that shipments increased 1.3% in April to 290,036 tonnes. The positive result was expected by market participants as the month had more working days than March. Sources, however, stress that the growth still doesn’t mean that sales are recovering in the country, as the second quarter of the year is seasonally stronger.

ABPO’s figures show that Brazilian corrugated board shipments are still down 0.3% year-to-date at 1.1 million tonnes after a weak month of March, when shipments dropped 4.7%, impacted by the carnival ...

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