Price plunges for pulp grades brought down fine paper and cartonboard prices while supply curtailment and paid off for recycled containerboard

Sales have shifted toward monthly commitments and spot market replenishment

Limited availability of RCP imports has not stopped the price drops as regional demand weakens

Low levels of OCC collection in US and Europe have triggered suppliers to search for price increases but resistance from Asian buyers remain strong

Both BSK and BHK prices plunged following the conference, with some buyers believing this is only the beginning of the prices drops

Packaging board prices in Southeast Asia begin to fluctuate with fading Chinese demand

The spot offers have shaken up the Chinese pulp market amidst new capacity from South America and imports from Russia

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

SINGAPORE, Feb 17, 2023 (Fastmarkets RISI) - has corrected its prices for East Asia pulp imports, which were published incorrectly as for February on February 10 due to an error. The prices should be for January.

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