After a strained first quarter on the markets, the crisis gathered pace in the second three months of the year. Demand is a little weak and stocks are swelling everywhere. In the lower grade market, Chinese buyers are absent for the time being. There is no need to remind you that they do not have enough quotas to meet their needs and that their imports are limited to a few sources such as Japan and the USA.
After a euphoric 2018, packaging demand has calmed down in the European market. Reel prices are tight as paper mills are finding trouble at times in offloading their finished products. As they are faced with plentiful offers of recovered paper and significant stocks, they are gradually dropping their prices.Read More
Jean-Luc Petithuguenin , Paprec (FRA)