France: further price reductions for all recovered paper grades in July

The French recovered paper markets were weaker in July than they usually are at this time of year. Normally, collection volumes of graphic grades taper off and prices often rise as summer approaches. This year, collection volumes are low but demand is even lower, so prices continue to slide.

This is true for higher recovered paper grades as well as deinking grades. For the ordinary grades, the current lull in demand continued to prevail in July and prices slipped slightly again.

At the end of the month, there were early signs of improving demand for mass grades from the Far East. Producers of corrugated case material and cartonboard in France were still often not operating at full capacity. Accordingly, demand for the ordinary recovered paper grades remained weak in July, as it has been in previous months....

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