Price reductions reported on the French recycled containerboard market

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Prices for recycled corrugated case material on the French market continued to be under pressure in August. Demand in July and August was generally weak, and some customers were able to take advantage of their existing inventories to negotiate price mark-downs. The manufacturers granted these, but are calling them summer discounts and want them to be temporary. In the meantime, many market participants, including some producers, agree that it would be very difficult to reverse these discounts in September.

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