Unprecedented shifts in supply and demand


by Admin



In the April buying period, prices for all grades of recovered paper surged in response to short supplies caused in part by the COVID-19 pandemic.

The average U.S. price of old corrugated containers (OCC) increased in the April buying period to $71 per ton, according to Fastmarkets RISI’s PPI Pulp & Paper Week April 6 edition. Recyclers and brokers say OCC prices rose quickly, considering the industry experienced near-record-low prices for the grade in most of 2019.

“We were at 30-year lows, but for prices to double in 48 hours for scrap materials is unprecedented,” says a representative from a document destruction firm based in the Upper Midwest. Read More



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