German recovered paper market surprisingly quiet at the start of 2024

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The new year began on a fairly quiet note for Germany’s recovered paper market. Only minimal price cuts are anticipated for the ordinary grades of supermarket paper and board and for mixed bales in January. This comes as something of a surprise because many market players had expected recovered paper prices to fall much more.

The increase in recovered paper collection volumes in the wake of the Christmas and New Year celebrations was weaker than in previous years and paper mills' purchasing activity did not decline as much as expected. In addition, the sharp increase in freight rates for shipments to Asia has had only a limited impact on the German market so far.

German recovered paper prices already softened slightly at the end of last year. However, the price cuts for the bulk grades mixed paper (1.02), supermarket paper and board (1.04) and used corrugated kraft II (4.03) were smaller than initially expected.

Read the full market report and access the table listing the monthly price changes and graphing tools here:

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