Recovered paper prices remained high in the UK in May amidst persistently scant supply and solid demand at home and abroad. All told, insiders believe that collection volumes are around 10 per cent lower than last year. Grades used to manufacture graphic paper and tissue are in especially short supply. Arisings of ordinary grades are falling, too, according to market players.
Mixed paper and board (1.02) remains highly sought-after. British paper manufacturers are again boosting the amount of recovered paper they stock, this time to prepare for a long weekend to mark the Queen’s Platinum Jubilee in early June. Packaging paper manufacturers are not the only ones on a buying spree; graphic paper suppliers are also choosing to purchase mixed paper more because the availability of deinking grades is still far too slim.
Producers from mainland Europe remain very active on the British recovered paper market, while Indian paper mills are keeping more of a low profile.
Old corrugated container (OCC, 1.05) prices have been the most volatile in recent weeks on the British market....