OCC Demand Falls
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As expected, OCC (old corrugated containers) fell sharply in November, Wilde reports. "However, he adds, "our channel checks indicate a pick-up in inquiries for OCC, which could lead to a rebound in demand. These inquiries appear to have been from domestic customers. We don't expect a sharp snapback in OCC. We anticipate more mill downtime than normal during the winter months as producers work to avoid inventory build. Many of the cuts are likely to be at recycled mills."
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