The atmosphere on the British recovered paper market is subdued, even though prices are on the rise. Many experts are worried about how the war in Ukraine will affect the global economic climate. Collection volumes have continued to fall, as well, with sources mentioning a slump of 15 to 20 per cent. A few suppliers had notified their customers that there would be delivery disruptions, as they simply did not have enough paper. "I would rather have lower prices, but more recovered paper since our costs are calculated on a per-tonne basis," one merchant remarked.
According to market experts, collection volumes are falling as the consumption of goods is plunging in the UK. While some consumers are instead spending more on holidays, events and eating out in restaurants now that Covid restrictions have been lifted, other consumer groups are having to reduce spending due to inflation and soaring gas and fuel prices.
At the same time, demand for recovered paper is very lively, especially from British paper manufacturers. Where they had often been reserved in the past, they were now chasing material so that they could make it through Easter and the month of May with adequate inventories despite the bank holidays....
