Slower export business with Asia puts downward pressure on domestic prices for mixed paper and board and OCC.
On the recovered paper markets in France and Italy, September ushered in a price trend reversal for a few ordinary grades. After several months on an upward track, mixed paper and board, supermarket corrigated paper board and old corrugated containers (OCC) have become cheaper again.
Price pressure had mounted in August, fuelled in part by a slump in the export business with Asian customers. This turn of events led to an knock-on effect on prices on the domestic market in September.
Players on the markets in France and Italy explained that supplies were good and recovered paper was readily available in September. Consequently, paper producers had sufficient RCP stocks and their inventory levels were normal to high.