Quarterly Report – January 2021

The final quarter of 2020 saw a huge price increase for OCC on the back of healthy demand as mills prepared themselves for the Christmas period when there is always higher cardboard consumption. On this occasion, demand has remained almost stable into the early part of 2021.

Prices in September last year were up almost 80% on August levels and some eight times  higher than at the beginning of the year. Meanwhile, demand and prices for deinking material are quite stable.

The recovered paper outlook remains positive in the Eastern European market, as is the case for other commodities such as metals. The impact of COVID has diminished, slowing the market but not demand.