The Far East export trading again influenced events on Italy’s recovered paper market in November, and meant that things did not shape up as market insiders had been anticipating. Back in October, exports had generally thought that ordinary grades might become much cheaper in November. For one thing, paper producers urgently needed to pay less. For another, export prices might drop, as well, market observers thought. However, there were no reductions, and accordingly, prices in Italy did not fall quite as much as expected. In some instances, only a peak prices were eliminated or prices were entirely unchanged.
Supply and demand for ordinary grades were more or less balanced in Italy in November. Paper producers had no problem getting their hands on recovered paper. Demand for mixed paper and OCC was reportedly stable and still good, although observers note that recycled corrugated case material manufacturers are increasingly encountering difficulties.
The full report on the Italian recovered paper market including the price table appears in issue 25/2016 of EUWID Recycling and Waste Management on 7 December 2016. Online subscribers can already access it here:
Recovered paper Italy