Oversupplied OCC drops $10-15/ton domestic, $15 export as demand is extremely soft from US mills and from China

NEW YORK, April 5, 2019 (PPI Pulp & Paper Week) -Old corrugated containers (OCC) pricing dropped for the third consecutive month in the US domestic market, mostly by $10/ton and $15/ton, as mills continued to turn away tons and pick their pricing, according toPPI Pulp & Paper Week's Apr. 5 pricing survey. Inventories remain high at OCC-consuming board and high grades-consuming tissue mills, operating rates at containerboard mills are below 90%, and downtime – both in March and April, some of it extended due to a soft market - has suppliers scrambling to find homes for OCC and some deinking ...

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