The French recovered paper market: Ample supply sends prices for ordinary grades lower

The French recovered paper market experienced another fall in prices for ordinary grades in March after being in constant decline since November.

Many market players think that rock bottom has now been reached.

EUWID sources quoted markdowns of €10 or sometimes even €15/t for ordinary grades in March. Prices have thus fallen by up to €55/t since November.

Exports of old corrugated containers (OCC) to China picked up the pace a little in March after a very weak February.

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