COVERAGE NOTE: Proposed changes to US OCC coverage in China – Final decision
SINGAPORE, May 29, 2019 (Fastmarkets RISI) – Following consultation with stakeholders, Fastmarkets RISI would like to confirm the following change to its recovered paper coverage in China, with effect from May 31.
-Discontinue assessments of US old corrugated containers (OCC 11) imports (Price ID 612)
Imports of this grade to China have dropped off due to the country’s ever-stricter curbs on recovered paper imports.
With few prices available, Fastmarkets RISI is unable to maintain reasonable assessments of the grade.
Chinese mills are instead importing US double-sorted OCC (12) as furnish for paper and board production.
Fastmarkets RISI will continue its assessments for this premium OCC grade.
For comments and queries, please email firstname.lastname@example.org, mentioning “Chinese OCC 11” in the subject line of the email.
For more information on Fastmarkets RISI’s methodology for Asian recovered paper markets, please see here.
For other Fastmarkets RISI coverage notes please see here.