In September and October, the recovered waste paper prices in the European continent continued to fall, but there were signs of an increase in exports to the Far East.
In Germany, the price of 1.04 supermarket corrugated paperboard and cardboard fell from Euro 115 in August to 63-66 Euro in October.
The waste paper suppliers complained that the price decrease was mainly due to the low demand of paper mills in Europe. A number of paper mills using waste paper as a raw material resulted in factory overhauls in September and October and production cuts due to market sluggishness.
Some high quality grades of waste paper have fallen due to oversupply. Grade 1.02 Mixed waste paper and cardboard Due to the lack of after-sale packaging waste collection, there is a supply shortage, but the supply and demand of 1.04 grade waste paper and old cartons are roughly balanced.
Asian export markets have emerged in recent weeks. Germany’s 1.04 grade waste paper prices rose in October and is expected to rise again in November.
The rising exports forecasted by waste paper supply and marketing parties will cause the price of waste paper in the European domestic market to stabilize or increase in November and December.
In Germany, the price of 1.04 supermarket corrugated paperboard and cardboard fell from Euro 115 in August to 63-66 Euro in October.
The waste paper suppliers complained that the price decrease was mainly due to the low demand of paper mills in Europe. A number of paper mills using waste paper as a raw material resulted in factory overhauls in September and October and production cuts due to market sluggishness.
Some high quality grades of waste paper have fallen due to oversupply. Grade 1.02 Mixed waste paper and cardboard Due to the lack of after-sale packaging waste collection, there is a supply shortage, but the supply and demand of 1.04 grade waste paper and old cartons are roughly balanced.
Asian export markets have emerged in recent weeks. Germany’s 1.04 grade waste paper prices rose in October and is expected to rise again in November.
The rising exports forecasted by waste paper supply and marketing parties will cause the price of waste paper in the European domestic market to stabilize or increase in November and December.
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