Recycled containerboard prices rose in Germany in March. While recovered paper prices were low, experts pointed to tightening supply in the corrugated case material segment.
A price hike for recycled corrugated case material took effect in March on the German market following intense negotiations. Although the increase was not as high as producers had sought for, certain market experts were surprised by this price hike given the sharp drop in recovered paper prices in recent months and rather mediocre activity levels at some corrugated board factories which mainly supply the automotive industry and export-oriented sectors.
The implementation was possible because of the tight supply owing to downtime at key suppliers as well as strong demand from overseas. Converters confirm that individual deliveries were delayed or reduced.
This article is an excerpt from EUWID's report on the paper markets in Germany.
Find the EUWID report on the German containerboard and other German markets in EUWID Pulp and Paper issue no 13/2020, which will be available to our e-paper and print subscribers as of 25 March.