Development and Prospect of European Waste Paper Market

European waste paper traders stated that since the beginning of the year, in the January-February period, except for a few regions, the price of waste paper has not changed much, and suppliers’ demand for waste paper can be fully met, but in some countries such as the United Kingdom The stock level of merchants is very low, and there may be a shortage in early March. It is reported that due to the slight decline in the prices of some contracts in the past eight weeks, it may cause the price of waste paper to fall by around 1-5 euros per ton this month.

Export prices outside of Europe will increase this year's shipping rates, although it is not yet clear, but the buyers and sellers will bear this additional cost.

A good news for European waste paper suppliers. In October of this year, the 600,000-ton Papierfabrik palm production carton paper mill in Worth, Germany, is scheduled to start production.

The Myllykoski plant, which also produces newsprint with an annual output of 250,000 tons in Hurth, Germany, will also start production in August.

At that time, whether waste paper can be fully supplied and whether prices will rise due to insufficient supply will be answered by time.

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