Trends at the end of 2020 were confirmed and continued in the first quarter of 2021. The market experienced strong pressure from paper mill customers, who introduced significant price increases for the low grades in response to still-low collections of cardboard. The market has been rebalancing itself in May, but the question is for how long.
In the export market, the current quarter’s freight increases have prevented Asian buyers from being competitive and from adjusting to the French or wider European market. However, they still managed to source enough material from other markets and have fairly comfortable stocks. Only Indonesia is retaining a strong presence and is following the French market.Read More
Jean-Luc Petithuguenin , Paprec (FRA)