Falling recovered paper prices and overcapacity on the market pushed recycled corrugated case material prices in France down in December.
Following the recent increase, prices on the market for recycled corrugated case material in France have been scaled back again. Although demand was often described as solid, pressure from buyers, the renewed decline in recovered paper prices and the chronic overcapacity on the market led to price cuts. Some producers insist that this development was not seen across the board, but most commentators say it affected the whole market.
In most cases price erosion had already begun in November because activity levels in September and October had not been good, said one manufacturer. In some cases price reductions were only to take effect in December. January deliveries were also not necessarily free of price pressure. Even by the beginning of the second week of December, prices for some shipments in the same month had not yet been negotiated and were being kept open.
⇒ This article is an excerpt from EUWID's monthly report on the French paper market. The EUWID Price Watch France for December will be published in EUWID Pulp and Paper no. 51 on 19 December.
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