Container shortage and higher freight rates curbing British recovered paper exports

摘要

Much higher freight rates and a shortage of containers combined with weak demand from China have slashed recovered paper exports from the UK and dampened prices for ordinary recovered paper grades. The UK market for woodfree graphic paper continues to stumble along in March. Producers' attempts to charge more are deemed to have little chance of success. Higher supply of brown recycled corrugated case material is putting the squeeze on prices, with the first price cuts already emerging in isolated cases. GD board is the main beneficiary of stronger demand in the board market, while the GC sector tended to see shifts in orders. However, the industry remains stunned by the Benson-Graphic Packaging deal and is concerned about the ramifications.