The price surge continues on the German recovered paper market. After a very considerable bump in April, prices of the ordinary grades saw an even sharper uptick in May. According to a few market participants, the turbulence caused by the coronavirus outbreak has pushed prices more than €100 per tonne higher since March in some cases. The increase for supermarket corrugated paper and board was reportedly larger than for mixed paper. Used corrugated kraft also became significantly more expensive. This represents a complete turnaround from the situation just a few months ago: Back in February, the market was drowning in recovered paper, large waste management companies were charging fees to handle paper from household collections, and recovered paper prices were sometimes slipping into negative territory. However, since March, the closure of many stores and industrial operations has caused a steep drop in arisings from these sources. Market players talking to EUWID said volumes could be down by as much as 30 per cent, depending on the region.
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