OCC price spikes that came with China’s covid-19 restriction removal have taken a turn as demand drops

China’s policy changes late last year triggered a drive for higher recovered paper prices, but contacts suggest the party is likely over

RBP price remained unchanged as US old corrugated containers (OCC) ticked up in January

OCC prices are being driven back up as a result of the Chinese government’s announcement

European brown grades have suffered the most out of the recovered paper price slumps

Strong export demand from Southeast Asia helped bringing up PfR prices while domestic mill demand remain sluggish

OCC import prices surges again but Asian buyers believe the price spike is unsustainable

A downturn in recovered fiber demand in November has triggered a decline in prices and demand for imports in Mexico

Key takeaways from the OCC outlook session at the International Containerboard Conference by our director of fiber, Hannah Zhao

Oversupply and weak demand saw US OCC prices craters by up to $45/ton and excess sent to landfills