Ban, permit delays drive down RCP import prices in China; domestic grades soar
SINGAPORE, Aug. 18, 2017 (PPI Asia) -China’s Ministry of Environmental Protection has issued new regulations officially banning the import of all mixed paper.
Under the new decree, the “Catalogue for the Administration of the Import of Solid Waste” updated on August 16, the import of two subcategories of customs code 47079000 (4707900010 and 4707900090), applicable to mixed paper, will be forbidden from December 31.
The new rules have been laid down following the action plan instituted by the Chinese State Council on July 27 and a notice the country filed with the World Trade Organization on July 18.
The import ban covers 24 ...