OCC Positioned to Improve
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Export OCC (old corrugated containers) to China was down slightly in May and down ˜$10 - $15/ton in the past couple of months, Wilde reports. However, OCC could rise in the coming months, he adds. Key drivers are lower OCC generation in April, jump in linerboard exports from the U.S. (implying lower recycling), and several new machines starting up in China in the coming months. Domestic OCC in April was down $2/ton to $156/ton.
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