Italy Reports Lower Recycled Containerboard Prices in January

 

Price for recycled corrugated case material have been showing signs of weakness since the turn of the year according to EUWID. Market players in Italy are pointing to small price cuts for deliveries in January. As recently as May of this past year, it was reported by the same source that prices were continuing to increase.  

Animated discussions are in progress about prices on Italy’s recycled corrugated case material market at the start of the new year. However, EUWID's sources are divided about the price dip seen in January. While one side reported sporadic price cuts that did not apply throughout the market yet, the other side mentioned a clear slump in prices for brown grades that had started back in December and would likely continue in the weeks ahead.

Market players active in the recycled containerboard and corrugated packaging business were largely pleased with how business had fared in January. The market had come out of "hibernation" relatively late. Some converters opened their doors only on January 11, but demand along the entire value chain picked up fast and order situation for packaging paper was strong, EUWID reported.