Old Corrugated Containers Down
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Domestic U.S. OCC (old corrugated containers) was down $6/ton to $121/ton in December, Wilde continues. "We think OCC prices have started to stabilize and see limited downside from current levels. Over in China, U.S. export OCC is showing signs of a modest pick-up: ˜+$10/ton in the past two weeks. Even so, we don't expect a sharp snapback in OCC," he says.
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