COVERAGE NOTE: Change in schedule for US RCP June Price Watch

Exceptionally, RISI will publish June US recovered paper prices one day later on June 6, rather than the planned June 5.

This change is deemed necessary because of the Chinese government’s surprise announcement on May 3 that it will be inspecting 100% of US recovered paper exports, from May 4 through June 4. No country other than the US faces this rule for this one-month period.

China is the largest export market for US recovered paper. As a result, China’s share of the 52-million-tons/yr US market for recovered paper in 2017 was 23%. Publishing US recovered paper prices on June 6 allows RISI a full day further to collect and check pricing, after China’s 100% inspection ends on June 4. RISI’s methodology guidelines for US recovered paper state that prices will normally be published on the fifth of the month.

US recovered paper prices will also be published in PPI Pulp & Paper Week/OBM on June 8, as planned.

For comments and queries, please email pricing@risi.com.

To view RISI’s price publishing schedule please see here.

What to read next
Fastmarkets has corrected its MB-STE-0523 Steel scrap shredded auto scrap, consumer buying price, delivered mill, $/gross ton, weekly composite, which was published incorrectly since June 14.
Fastmarkets has corrected the rationale for its MB-CO-0020 cobalt hydroxide 30% Co min, cif China, $/lb price, which was published incorrectly on Friday July 26.
The publication of Fastmarkets’ manganese ore seaborne indices for Friday July 26 was delayed due to an error. Fastmarkets’ pricing database has been updated.
Fastmarkets proposes to amend the pricing frequency of its MB-STE-0889 steel scrap, index, heavy recycled steel materials, cfr east China, and MB-STE-0895 steel scrap, index, heavy recycled steel materials, cfr north China to once a month from the current weekly basis.
Fastmarkets will launch its new suite of US black mass payable indicators on Wednesday August 7, following a one-month consultation period.
The opening line of the rationale incorrectly listed the price range as $6.60-6.80 per lb. This has been corrected to $6.40-6.60 per lb. The published price is unaffected by this change. This price is part of the Fastmarkets minor metals package. For more information or to provide feedback on this correction notice or if you […]