Wastepaper Markets Falling

Wastepaper prices are under intense pressure, according to Mark Wilde, senior analyst with Deutsche Bank. Reports, he notes, suggest a sharp drop in Chinese demand. Slower demand, tight credit, and inventory reductions are all part of the story, he says, adding that the drops should provide cost relief in the fourth quarter of this year and the first quarter of 2012, but could eventually put pressure on prices.

TAPPI
http://www.tappi.org/