French recovered paper prices stable despite strong demand from Germany

Price development for recovered paper grade
mixed paper and board (1.02)
23 Feb 2021 − 

Recovered paper prices have been rising recently everywhere in Europe. But while they are still doing so in many countries, French prices have remained stable for now in February.

February was a quiet month for France's recovered paper market. But industry insiders, especially those located close to the Franco-German border, were surprised and sometimes a little nervous by market developments in the neighbouring country. German paper mills were on a buying spree that stretched well into France, with some EUWID respondents even describing a feverish rush on recovered paper by buyers willing to purchase at any price

Market players in France had so far not been flustered by this situation in mid-February. French recovered paper prices had been agreed early in the month. And since paper mills in France had enough recovered paper on stock, there was no reason to raise prices again, sources stated. Coming on the heels of price hikes in the past few months, prices for ordinary grades were stable in France between January and February.

That being said, a couple of buyers were a little concerned about the near future. Many EUWID sources would not be surprised if French prices for ordinary recovered paper grades edged higher once more in March.

This article is an excerpt from EUWID's monthly report on the paper markets in France.

Find the EUWID Price Watch France for February in EUWID Pulp and Paper issue no 8/2021, which will be available to our e-paper and print subscribers as of 24 February.

Want to find out more? Check our subscriptions or test EUWID free of charge.

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