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Prices in North America and Europe, in particular, have seen stabilization and, in some cases, modest strengthening in the latter half of the year.
Recovered paper markets in both North America and Europe are beginning to stabilize, and in some cases, beginning to show a modest strengthening, according to the latest Bureau of International Recycling (BIR) World Mirror on Recovered Paper released in mid-October.
Circular Ventures LLC founder Myles Cohen, writing on behalf of Marc Ehrlich of the Vipa Group, says while the market is not back to the high prices of 2021 and early 2022, seven or eight consecutive months of small increases have created some optimism within the recovered paper marketplace.
For example, old corrugated container (OCC) pricing is up $10 per ton in every U.S. region, lifting the average price for the seventh straight month as reported in the Oct. 5 edition of Fastmarkets RISI’s Pulp & Paper Week.