The U.S. in 2019 shipped 192,000 short tons of mixed paper to South Korea. | Mariusz Bugno/Shutterstock
A large buyer of U.S. scrap paper and plastic is planning measures to reduce imports and increase domestic recycling of those materials.
The U.S. in 2019 shipped 192,000 short tons of mixed paper to South Korea. | Mariusz Bugno/Shutterstock
A large buyer of U.S. scrap paper and plastic is planning measures to reduce imports and increase domestic recycling of those materials.
During recent earnings calls, a number of fiber company executives touched on pricing trends they are seeing around OCC and other grades.
One major U.S. mill operator is actively shipping recycled paper pulp to China, and another is installing equipment to bring in lower grades of paper feedstock. Those were a few takeaways from recent earnings calls from publicly traded paper firms.
With newly announced process, Chinese importers can apply for tariff exemptions beginning this week. | Sumrit Tesrumphun/Shutterstock
The Chinese government will consider exempting tariffs on OCC and other recovered fiber on a company-by-company basis. Meanwhile, a tariff on U.S. recycled paper pulp shipments into China has been lifted for one year.
So far this year China has approved 3.5 million short tons of recovered fiber for import. | luca pbl/Shutterstock
China recently issued its third round of recovered fiber import permits for 2020, and the volume being allowed in this round is far less than what was approved previously.
U.S. recovered fiber exports fell by roughly 3 million tons from 2018 to 2019. | StockStudio Aerials/Shutterstock
In 2019, recovered fiber exports from the United States experienced their largest year-over-year decline on record. U.S. scrap plastic exports also continued a substantial fall.
OCC and other recovered fiber grades are allowed in to China but with strict contamination thresholds. | noomcpk/Shutterstock
China bought less of the world’s recycled fiber in 2019, the second year in a row of major decreases in recycled material imports. And the country’s environmental ministry has reiterated plans for an all-out import ban next year.
OCC and other recovered fiber shipments to China will continue to face a 25% duty. | cybrain/Shutterstock
The U.S. and China signed a deal last week seemingly calming their trade war. But Chinese tariffs on OCC, recycled pulp and other materials will remain for the time being.
India has substantially increased its imports since China banned mixed paper from entering the country. | SNEHIT PHOTO/Shutterstock
India, the largest overseas market for U.S. mixed paper, has tightened quality standards and reduced its recycled fiber import volume.
In April, the Chinese government will enact new requirements for pellet imports. | Piyathep/Shutterstock
Officials in Beijing are set to enact new requirements around the purity of recycled plastic pellets imported into China.
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