The Asian region began to enter the off-season of recycling waste paper. Demand from manufacturing plants in various countries fell, and waste paper prices began to decline.
Every year from November to February, the region’s national holidays are frequent. November 14th is the new year of India. At the same time, from the beginning of November to the middle of December, it is the Muslim Ramadan, followed by Christianity in December. The holiday of Christmas and New Year ends in the end, and the Chinese New Year is finally in February next year. Most of the production plants have suspended factories due to holiday breaks. Therefore, all parties concerned stated that during this period, the market will generally not have a big improvement.
In the Asian market, although there are some signs of a decline in the prices of recycled waste paper, due to the uplift of sea freight rates, the price of US exported waste paper in the Chinese market may rise. It is said that since December 1 this year, the freight rate for each 40-foot container from the United States to China will be increased by US$100-200, which is equivalent to US$5-10 per ton of US recycled waste paper price in the Chinese domestic market. .
Every year from November to February, the region’s national holidays are frequent. November 14th is the new year of India. At the same time, from the beginning of November to the middle of December, it is the Muslim Ramadan, followed by Christianity in December. The holiday of Christmas and New Year ends in the end, and the Chinese New Year is finally in February next year. Most of the production plants have suspended factories due to holiday breaks. Therefore, all parties concerned stated that during this period, the market will generally not have a big improvement.
In the Asian market, although there are some signs of a decline in the prices of recycled waste paper, due to the uplift of sea freight rates, the price of US exported waste paper in the Chinese market may rise. It is said that since December 1 this year, the freight rate for each 40-foot container from the United States to China will be increased by US$100-200, which is equivalent to US$5-10 per ton of US recycled waste paper price in the Chinese domestic market. .
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