Recovered paper prices still falling in the UK in April, PRN prices collapse towards the month’s end

Most recovered paper prices in the UK remained on a downward trajectory in April. Experts continue to characterise demand from all buyer sectors as extremely lacklustre. British paper manufacturers still have hardly any need to turn to the spot market, as they can source enough recovered paper using their own collection infrastructure. Exports to the Far East were unremarkable but stable in April and staved off a more severe downturn in prices. Experts told EUWID that interest from Asian paper mills had subsided during the course of the month. Barely any recovered paper was shipped to continental Europe since British material was still too expensive despite minor price increases in these markets. ...