COVERAGE NOTE: Proposed changes to US OCC coverage in China - Consultation
SINGAPORE, April 26, 2019 (Fastmarkets RISI) – To reflect better current market trade, Fastmarkets RISI is considering the following change to its recovered paper coverage in China (PPI Asia):
- 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.
Fastmarkets RISI will undergo a consultation on this proposal, with the potential that prices could be discontinued on June 7.
For comments and queries, please email email@example.com by May 25, 2019.
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.