Prices for recovered paper continued to rise on the Italian market in February. Individual grades gained up to €20 per tonne compared with the month before, according to the latest EUWID market report.
The situation on the market is shaped by a severe shortage of material. Market players contacted by EUWID agreed that not very much recovered paper is available at the moment and that collection volumes had declined further between January and February. The supply situation was partly blamed on dwindling paper consumption in Italy, which meant that less recovered paper was being generated.
The supply shortage had coincided with strong domestic demand. Paper manufacturers' inventories were low and flourishing export business meant that a great deal of recovered paper was being diverted from the Italian market.