The global recovered paper market became progressively tighter during the second quarter and in the first half of July.

The main driver was not a broad recovery in demand for finished paper and packaging, but a reduction in recovered fibre availability (...)

The global recovered paper market became progressively tighter during the second quarter and in the first half of July.

The main driver was not a broad recovery in demand for finished paper and packaging, but a reduction in recovered fibre availability (...)

The Mirror publication covering this year’s first quarter described a market going through a structural adjustment and not just a rough patch. This was driven by: weak packaging demand; a pivot towards South and South East Asia after China pulled back from dry-ground pulp imports; and renewed freight risks owing to the situation in the Middle East. Far from conditions becoming easier in the second quarter, they actually worsened (...)

• India the most active export market for Europe’s recovered paper
• Indonesia, Vietnam, Malaysia and Thailand focus on short-term purchasing
• Limited generation in Europe restricting export availability

• Recovered fibre gains on reduced generation and low mill inventories
• Higher fuel prices the main source of cost inflation
• Indonesia intensifying crackdown on contamination