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UK: Upswing in demand from India paves the way for a slight recovery in OCC export prices

Copyright EUWID
Copyright EUWID
19 Mar 2019 − 

OCC export prices to China saw a slight uptick in March as a reaction of increased buying mainly from India.

The surge in demand for UK recovered paper from China that market experts had expected to experience after the Chinese Spring Festival failed to emerge. However, buyers from South and South-East Asia, especially India, raised their buying prices in March, compelling Chinese customers to pay more too in order to maintain enough of a price gap.

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