Polish recovered paper prices dip again

Although demand for recovered paper from Polish paper mills was described as stable, prices for lower grades receded again in April and May against the backdrop of abundant supply all over Europe. Prices for ordinary recovered paper grades have again dipped sharply in the last five to six weeks. Supermarket paper and board moved lower in May by an average of about €20/t while larger buyers were offered even higher discounts, recovered paper merchants told EUWID. The downturn in prices is again more pronounced in Poland than in Germany. A similar pattern in relative price declines had already been observed for Poland and its western neighbor at the beginning of the year. Surveyed market players said they expect prices to yield further in June.