COVERAGE NOTE – Launch of recycled pulp assessment CIF China

Following consultation with stakeholders and as previously announced, Fastmarkets RISI has launched two new recycled brown pulp price assessments for China on a monthly basis, starting from January 2021.

With China set to ban RCP imports from 2021, the country’s demand for recycled brown pulp is expected to keep growing. Fastmarkets RISI has been monitoring the situation over the past two years, tracking prices for the new product since July 2019.

The recycled brown pulp assessment will be published monthly on the last Wednesday of each month from January 27, 2021. They will appear in PPI Asia, PPI Pulp & Paper Week, the Fastmarkets RISI online portal and mobile app and in the Chinese publications operated by Fastmarkets RISI’s Shanghai-based subsidiary UM Paper.

The recycled brown pulp assessed is furnished mainly with old corrugated containers (OCC) imported from the USA. The assessment will reflect CIF prices at main ports in China for product shipped from India, Southeast Asia, Taiwan, and the USA.

For comments or queries, please email pricing.risi@fastmarkets.com, mentioning “Asia RCP”.

For more information on Fastmarkets RISI’s methodology for Asia RCP, please see here.

 

What to read next
Fastmarkets has launched a MB-STE-0935 Steel reinforcing bar (rebar), differential to shredded auto scrap Chicago, fob mill US, $/gross ton to complement its existing suite of steelmaking raw materials to finished product differentials on Wednesday July 23. This strategic launch is designed to offer the market a single reference price denoting the differential between steel […]
The following prices were affected:MB-BI-0001 bismuth 99.99% Bi min, in-whs Rotterdam, $ per lbMB-CD-0001 cadmium 99.95% min, cif global ports, cents per lbMB-CD-0002 cadmium 99.99% min, cif global ports, cents per lb. These prices are part of Fastmarkets’ minor metals package. For more information, or to provide feedback on the delayed publication of these prices, or if you […]
After a consultation period from June 20 to July 18, Fastmarkets made the decision to discontinue these assessments because the outright prices no longer reflect market conditions, with the market shifting toward payables as the dominant pricing method. The affected prices are:MB-NIO-0003 nickel mixed hydroxide precipitate outright price, cif China, Japan and South Korea, $ per tonneMB-NIO-0005 nickel […]
The publication of Fastmarkets’ MB-CO-0004 cobalt alloy grade, in-whs Rotterdam and MB-CO-0005 cobalt standard grade, in-whs Rotterdam assessments for Wednesday July 23 was delayed because of a system error. Fastmarkets’ pricing database has been updated.
On reviewing the methodology specifications, Fastmarkets is proposing to update the quantity, location and payment terms of the price. The specifications would be as follows, with amendments in italics: MB-SI-0003 silicon, ddp US, US cents per lbQuality: Si: 98.50%, Fe: 0.50%, Al: 0.50%, Ca: 0.30%Quantity: Min 20 tonnesLocation:ddp USUnit: US cents per lbPayment terms: 30 days, other terms normalizedPublication: Weekly, Thursday 4-5pm […]
The lower end of the price range for Biodiesel SME B100 fob US Gulf price on Friday July 18 was erroneously published at $2.243 per gallon. This has been corrected to $4.243 per gallon. Fastmarkets’ pricing database has been updated to reflect this change. These prices are part of the Fastmarkets Ags oils, fats and biofuels price […]