British recovered paper prices still sliding in June

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03.07.2019 − 

Demand for recovered paper was not especially strong either within the UK or on export markets at the moment. British converters often had very large amounts on stock. Chinese paper producers are still waiting to receive licences for the third quarter and are buying very little. Experts think that collection volumes are roughly in line with last year’s level.

Indonesia introduced new rules for imports with effect from 1 June. Shipments rejected by inspectors and the lack of clarity regarding the specific quality requirements have created uncertainty on the market, so a few companies do not want to export to Indonesia at the moment.

Insiders estimated that the UK ships no more than 50,000 t per month to Indonesia, but "each and every tonne on the market makes a difference" given the weak state of the market, one expert remarked. Ironically, mixed paper (1.02) is "the most stable grade on the market,” one source commented.

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The full report on the recovered paper market in Germany will also appear in EUWID Recycling & Waste Management 14/2019 published on 10 July. 

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