|  
News

Prices for ordinary recovered paper grades falling week by week in Italy

Price development for mixed paper in Italy in September
Source: EUWID
04 Oct 2017 − 

August and September were very turbulent months when it came to ordinary recovered paper prices in Italy. The trend in prices for these grades is clearly pointing lower with sources saying that prices are plunging.

Buyers signing contracts early in September had to pay more than those who still purchased material towards the middle or end of the month. Prices fell week after week and there are no signs of the trend coming to an end right now, sources told EUWID. As a result, the price bracket for mixed paper (1.02) and old corrugated containers (OCC; 1.05) became much wider.

The reversal on the recovered paper market began towards the middle of August. Chinese buyers stopped importing from Italy almost entirely because they had exhausted most of their import quotas and did not have new import licences since these had not been renewed by the government yet. Supply consistently increased in Italy and prices fell week after week on both the domestic and export markets.

This article is an excerpt from EUWID's monthly report on the paper markets in Italy. The EUWID Price Watch Italy for September will be published in EUWID Pulp and Paper no. 40.2017 on 5 October.

Our weekly newsletter's print and e-paper versions keep busy professionals up-to-date on the latest news from European pulp and paper markets.

Test EUWID Pulp and Paper free of charge and without any obligation by clicking here.

Tags of this news:

previous − Norske Skog decided to extend consent solicitation deadline for recap proposal for another two days

Norske Skog extends consent solicitation deadline for recapitalisation proposal  − next