COVERAGE NOTE: Changes to US Mixed Paper Assessments for Export to China – Notice of Implementation
SAN FRANCISCO, Mar. 6, 2018 (PPI Global) – In light of China’s ban on imports of “unsorted” recyclables such as mixed paper that began on Dec. 31st 2017, and following industry consultation, Fastmarkets RISI has now implemented the following changes to its recovered paper coverage:
PPI Pulp & Paper Week:
- Change the destination title of US Mixed Paper FAS US ports from China to Asia (price IDs 11886, 11888, 11891, 11912).
- Discontinue assessments of US Mixed Paper exports CFR China (price IDs 11914 and 11884)
These changes are necessary because mixed paper to China has declined significantly. As a result, Fastmarkets RISI is unable to maintain reasonable assessments of the value of mixed paper for delivery to China.
For more information on Fastmarkets RISI’s assessment methodology, please see here.