Despite falling prices for most grades, continuing the trend of the first quarter, and lower order intake in many mill sectors, demand for papers in the UK has remained generally good and consequently merchants' stocks are low, says the Bureau of International Recycling (BIR).In its second quarter report, the BIR says the UK's export opportunities to the Ear East have improved, reflecting lower freight rates, while demand from mills on the Continent has been constant, especially for corrugated and news qualities. Overall, supply and demand are in balance but lower summer collections may lead to shortages of some grades by the end of the third quarter.
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