Posted on 22/01/2015 in category Paper

BIR World Mirror on Recovered Paper / Quarterly Report - January 2015

Ranjit Baxi, J&H Sales International Ltd

International Market with a focus on Asia

News of weakening oil prices was welcomed by the recycling industry as this would not only benefit the sea-freight market but also haulage and general production costs. With the world’s largest container ship coming into service during this quarter, the 19,000teu-plus CSCL Globe, and a further 10 vessels of similar size projected to enter service during 2015, sea-freight rates are forecast to remain more stable for the medium term.

Some of the leading European economies have continued to register growth of less than 1%, which has directly affected consumer consumption and therefore recovered fibre collection volumes.

The strengthening US dollar against Euro weakness has helped to sustain European fibre export levels, albeit at lower prices.

Quality more than price has been the deciding factor in identifying fibre supply sources. Recycling plants have continued their endeavours to improve the quality of their fibre to ensure that they remain able to participate in the export business (...)

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