The recovered paper auctions staged by Comieco in Italy are often an indicator for the future price trend. At the auction in December, bids made by market players were only slightly lower than market prices.
Players active on Italy's recovered paper market apparently do not expect prices to alter significantly in the near future. This assessment is at least implied by the outcome of the latest recovered paper auction staged by the Italian consortium Comieco on 2 December. Prices bid at this auction were lower than at the last event in July. Nonetheless, they are not all that far from current prices on the open market - although a slight trend towards falling prices is still evident.
Buyers snapped up recovered paper for the period from January to April 2022. They bid an average of €137/t for recovered paper collected from households, which Comieco describes as consistent with mixed paper (1.02), and an average of €163/t for material from commercial collections, which corresponds to supermarket paper and board (1.04) or OCC (1.05).
This article is an excerpt from our article on Comieco's auction on 2 December and the market development in Italy. Find the full article in EUWID Pulp and Paper no 50, which will be published on 15 December.
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