Prices for OCC in the UK seem to have peaked in May

Graph showing price development for OCC in the UK
Copyright EUWID
18 May 2020 − 

Amid strong demand from Europe and Turkey, prices for old corrugated containers (OCC, 1.05) continued to go up quickly on the UK market in May. However experts believe they will now remain stable or even decrease slighlty.

Some paper mills, not only in Asia, considered prices to be too high, especially since attempts to increase prices for brown recycled containerboard in May failed.

Most experts talking to EUWID did not expect a sharp drop in prices in the coming weeks as they believed recovered paper supply to remain rather short. Others however, pointed to the fact that global markets are in a severe recession, which would also affect paper pricing sooner or later.

To our premium subscribers: Please find the RCP prices UK for May online on our website: https://www.euwid-paper.com/markets.html



Tags of this news:

previous − Hamburger postpones start-up in Spremberg to September

Ahlstrom-Munksjö partners to start selling face masks in Finland  − next