COVERAGE NOTE: Changes to Mixed Paper Assessments for Imports to China – Notice of Implementation
SINGAPORE, Mar 16, 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:
Discontinue assessments of the following grades delivered China:
- Mixed Paper & Board, from Japan (imports to China, net), (price ID 695)
- Mixed Paper & Board, sorted (1.02), imports to China, from Europe (net price), (price ID 692)
- Mixed paper (2 and 3), from US (imports to China, net price), (price ID 616)
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.