Quarterly Report – July 2020

Within the Eastern European market, recovered fibre prices and demand both began to improve towards the end of this year’s first quarter. However, the second quarter was not so positive, and neither is the near-term outlook. Compared to the first quarter, prices have dropped by 50-60% so that the situation has returned to what it was at the beginning of the year.

The biggest impact has been the slowdown within the automotive industry, which has put a stop to demand. Market indications suggest no further orders for the mills to date. The largest order volumes have been coming from the food industry for paper packaging that demands high qualities.

Martin Šoth - Martin Šoth (Czech Republic)

Martin Šoth

Sběrné suroviny UH, s.r.o. (CZE)

Czech Republic
Quarterly Report – July 2020