Prices for mixed paper and OCC continue their decline on the UK market in September

Export price development mixed paper in the UK
Export price development mixed paper in the UK
26 Sep 2017 − 

Chinese buyers were still holding back on purchases of recovered paper on the UK market. As a result export prices for these grades continued to decline on a weekly basis. Domestic OCC and mixed paper prices were also coming down, albeit at a more moderate pace.

At the moment buyers from the UK, continental Europe, India, Indonesia or Vietnam are mopping up the material that used to go to China, but stakeholders are wondering whether these markets might become saturated soon.

Speculations abound whether at least the three big Chinese paper mills will be getting their licences for 2018 in November and then might want to purchase large volumes again. Some market insiders warn against too much optimism unless there is an official confirmation from the Chinese authorities.

This article is an excerpt from EUWID's monthly report on the paper markets in the UK. The EUWID Price Watch UK for September will be published in EUWID Pulp and Paper no. 39.2017 on 27 September.

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