Recent actions by the Chinese government indicate the country will likely ban imports of OCC and almost all other fiber grades in 2021. Such a move would come in the wake of industry-shaking mixed paper and plastic prohibitions already in place.
Overseas appetite for scrap plastic dwindled in the third quarter. On the domestic side, operators report stable movement for common curbside materials, although fiber pricing remains a challenge.
China has approved the first non-Chinese-government-affiliated entity to inspect U.S. recovered fiber shipments to the Asia country. The move raises questions about the country’s long-term plans for recovered fiber imports.