Recovered paper prices slip in China and Southeast Asia

Prices have dropped for recovered fiber in China and Southeast Asia. Sources attributed the decline to several factors, including the slow summer season and meagre purchasing due to inflation-related problems.

US old corrugated containers (OCC) have dipped $10/tonne, while new double-lined kraft clippings have slid $5/tonne. Old newspapers (ONP) have dropped $5-10/tonne and mixed paper has slipped $10/tonne.

Prices for US pulp substitutes have decreased $5/tonne. European OCC has fallen by $10-15/tonne, with ONP and mixed paper both down $10/tonne. Japanese OCC has declined $5/tonne, while ONP and mixed paper have dropped $10/tonne. (Source RISI)