These days, it is likely that the consumption of board and the market for board packaging are not as limited as the producers’ incoming orders seem to indicate.
Most EUWID respondents agree that there is considerable inventory destocking taking place in the market right now. Many of the purchasing decision-makers were quite cautious with their planning given the economic outlook and falling recovered paper and pulp prices.
This has left a mark on prices, which have been under pressure for some weeks. Particularly for GD, there were lower-priced transactions in the last weeks of the year, and some of the prices applicable from 1 January are also lower.