FINANCIAL ANALYSTS: OCC – US domestic prices slide as exports to China grind to a halt [VRP]

excerpt from Vertical Research Partners

Average US OCC Price Reverses Course – On Wednesday afternoon we learned from trade publisher RISI that the average price of recyclable old corrugated containers (OCC) across the USA declined slightly, following five months of flat-to-up prices. The US average reached $69/ton from $71 in November and $$105 in the year-ago period. The US average price remains near post-crisis lows – with the lowest level seen in June 2018 ($66). In the key Southeast region pricing declined by $5, to $85/ton. For the entire 2018, US average OCC pricing came in at $75/ton vs $138 in ...

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