On March 31, 2021, many people in the industry predicted that the price of French waste paper would rise in March, but no one thought that such a crazy price rise would happen.
The pressure on supply was felt for the first time in February, but prices were relatively stable at that time. However, in March, the price of mixed waste paper, waste cardboard and used cardboard rose, and efforts to stop the price rise failed.
Through the survey of many market participants, it is found that they all blame the sudden price rise on the purchase behavior of neighboring Germany.
It is said that German buyers are interested in all kinds of waste paper, especially in packaging and deinking. They’re willing to pay a lot for it.
According to reports, the recycling volume of waste paper in Germany is not high, and the travel ban in some areas will continue until mid April. Therefore, when German buyers purchase, they focus on the overseas market.
In contrast, market participants in France were quite satisfied with the amount of waste paper recovered in March. Many say the tight supply, especially in the first half of March, was driven by strong demand in Germany. A businessman said that in February, French waste paper recycling was rather suck. After a period of time, the reduction of recycling volume had an impact on the stock level of customers and the price of March.
Post time: Apr-23-2021