Slow demand from the Far East and ongoing transportation difficulties: these were the problems recovered paper merchants were facing in March. Prices consequently moved downwards for some grades.
The French market for recovered paper in May was characterised by supply pressure and price reductions for the ordinary grades. Although collection volumes were not that high, especially from printing companies, there has been a build-up of recovered paper in recent weeks which has put pressure on prices.
This development was mainly due to the fact that only minimal volumes were being exported overseas, said market insiders. There had either been ongoing problems with container availability or very little demand from the Far East, EUWID was told. Although trade with the Far East has a much smaller influence on the French market than it does in other major exporting countries, the continued weak exports to China and other overseas markets were having an indirect effect on France.
⇒ This article in an excerpt from EUWID's monthly report on the French paper market. The EUWID Price Watch France for May will be published in EUWID Pulp and Paper no. 22 on 31 May.
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