OCC Showing Positive Signs
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OCC (old corrugated container) markets are showing signs of a modest pick-up after a sharp decline in the past four to eight weeks, Wilde says. OCC to China rose ~$8/ton m/m to $155 – $165/ton FOB in December. At the same time, he adds, domestic markets appear to have stabilized with some pick-up in inquiries. "Even so, we don't expect a sharp snapback in OCC."
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