home cvb vacancies news contact raw materials Market Report Export leads price decreases NL-Tilburg, November 28th 2021 Repacar, the Spanish recovered paper association, indicated this week that the EU has announced that the export ban to India still persists. Yes, they got the info that India had asked for a correction but as Moldavia also made a similar error being it with a different waste stream, the EU wants to handle both errors in one go. It is more efficient probably, although not for recovered paper exporters. If a quick lifting of the export ban would make a lot of difference is also to be seen now that Asian buyers report daily cheaper offers for occ (cardboard) from the US and Europe. It could be, because hardly any interest is shown for buying. We know the Asian phenomenon: when prices are constantly falling, people do not buy until stocks are depleted or prices have hit rock bottom. From a historical perspective, the latter is certainly not the case. Current prices are still very high, and it could be a long time before the price drop stops. But we have also experienced rapid declines. During 2008, in the run-up to the collapse of Lehman in September that year, prices of low grades recovered paper fell by about 80% with steep monthly decreases. The highest prices for low grades in 2007 were also much lower than today. They were around half of today's prices. Which is to say that things can go fast. Now, past experience is no guarantee for the future and the economic situation is also totally different. Economists are all predicting good growth figures for the coming year in the developed world. That was different then. But still, the great uncertainties with Covid, with again the detection of a new variant these last days, that go hand in hand with all kinds of bubbles in certain sectors, could certainly also have an impact on the recovered paper market. Now we all call it raw material, as recently as 2019 much of it went to landfill in countries like the U.S. and the U.K., because the selling price did not cover the cost of sorting it from 'single stream' collections. For December, price reductions of €10 to €20 per tonne appear to be in the pipeline for most grades. Not everywhere in Europe though. With limited transport capacity, some buyers may maintain their current price levels. In Spain, for example, where the second week in December is also a week with two public holidays during which many people take time off. And because of the holidays at the end of the month all over Europe, the supply will be limited. Many mills will shut down. Others are still considering what to do, also because in some sectors (graphic, tissue), with the increased energy costs and the resistance of customers to pay the announced excessive price increases, it does not pay to make paper anymore. We will surely know more next week. Price indication Price indication in Europe for low grades of recovered paper, sorted, baled and ex works are now between € 140 and € 200 per tonne. These prices are depending on quality, available volume, region and loaded weight. Look here at the Price chart >> The price chart gives an indication of the price of mixed paper, separately collected, in the Netherlands free delivered mill voer the last 10 years. Scrolling over the top of the colums gives the exact price indication in Euro's per tonne. more information? contact us contact Wilhelminapark 31 NL-5041 EC Tilburg T +31-(0)13-4647999 E info@cvbecologistics.com subsidiairies France Raon L’Étape The Netherlands Tilburg Zaandam Ede Belgium Vilvoorde Gent Aartselaar Mont-sur-Marchienne United Kingdom Hinckley Liverpool terms & conditions privacy Site by NoBears