France: RCP prices decline further, demand for CCM softens

Price hikes for printing and writing paper in September and October

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Subdued demand and high inventory levels in the markets for packaging paper and board have led to another substantial price drop for ordinary grades of recovered paper in France in September. Since the gloomy economic predictions for the fourth quarter do not suggest any rebound in demand, producers of corrugated case material are trying to rein in the very high paper stocks by curtailing production....

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