Paper Demand – An Insight
By Benny
Posted on : 6/29/2010
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Although the North American economic mood is indecisive, paper recyclers can take comfort owing the ongoing global demand for the commodity they have
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Although the North American economic mood is indecisive, paper recyclers can take comfort owing the ongoing global demand for the commodity they have, on looking the recent price history of major scrap paper grades we could able to see up and down sharply on monthly basis. Earlier it was $ 75 per ton in 2002 and move nearly $110 per ton average at the end of the first half of 2010. However, currently ONP is selling around $ 105 per ton rising from $ 75 per ton in 2002.
Prices for old newspapers (ONP) show similar but less sharp trends, with the moving average having gone from about $75 per ton in 2002 to around $105 per ton currently and it is being a headaches for mills and recyclers on supply side owing to short-supply in the last 10 years. Moreover there has risen in prominence for mixed paper in the past 10 years because of continuous buying from Chinese mills.
Market experts predicted with an upward trend from 2010 to 2015 OCC might be going to stable at around $ 120 for the next year.
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About the author:
For the past three years I have been working for RecycleinME
.To help our valued members of RecycleinME, I involved in researching the current
market trend of various scrap materials.
Regards
Benny
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