EUWID - Recycling and Waste Management

Exports and collection volumes continued to be the key factors influencing prices on the British recovered paper market in July. Export prices for ordinary grades again moved higher in the wake of renewed interest from buyers in the Far East again, bringing domestic prices along for the ride. British buyers were ordering average to slightly larger quantities of recovered paper, merchants noted. On the other hand, collection quantities are still pointing lower even after leaving the lows of the economic recession behind. Merchants estimate that British recovered paper collection volumes have now dipped another few percentage points, even compared with the weak year of 2009. Industrial and other non-retail commercial sources, in particular, are generating less recovered paper than last year. Quite a few market players are wondering if collection quantities will even reach the 8 million tonne mark this year after dropping from 8.8 million tonnes in 2008 to 8.2 million tonnes last year.