Recovered prices in Italy have reached record levels recently, which is also reflected in the outcome of Comieco's latest recovered paper auction. The market has been structurally changing in the past years, with new capacities for recycled containerboard coming on stream, boosting domestic demand. Last year, in particular, has seen a clear shift in deliveries, with recovered paper consumption within the country increasing to 6 million tonnes and exports to Asia dropping significantly.
The most recent recovered paper auction held by Italian consortium Comieco on 30 May ended once again with very high bids. For mixed paper (1.02) in particular, a new record was reached. The volumes auctioned off at the event will supplied to the buyers monthly for the next three months – from July to September....
