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Fastmarkets today launches three new assessments for mixed paper CIF Southeast Asia. They will replace the existing assessments and are more specific on quality.
After a consultation period that began on April 25th and ended on May 21st. According to feedback from stakeholders, Fastmarkets RISI decided to re-classify US mixed paper into the two sub-grades:
The premium grade – has a contamination level of below 2% and higher content of old corrugated containers up to 30%.
The standard grade – has a contamination level of more than 2%.
European mixed paper imports have now met the requirement of having contamination level of below 2% and are thus reclassified as European premium mixed paper.
Currently mixed paper imports are sold mainly in India and countries in Southeast Asia, with a wide price range.
The reclassification is aimed at narrowing the range via specifying the sub-grades and assessing prices for each of them.
To see all Fastmarkets RISI pricing methodology and specification documents see here.
To see all Fastmarkets RISI pricing notices please see here.