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.
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, the largest overseas market for U.S. mixed paper, has tightened quality standards and reduced its recycled fiber import volume.
A Minnesota recycled paper mill conversion project has expanded beyond its original planned capacity and may grow further, company officials recently announced. Production is slated to begin this month.
A major end user of mixed paper and OCC will construct two additional North American recycled containerboard mills in the next six years, the company’s owner said in a recent media interview.
The latest permit figures from the Chinese government illustrate the country’s goals to continue reducing its recycled fiber intake.
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.
The Chinese government will not implement a planned tariff increase on OCC and other recovered fiber imported from the U.S., nor scrap aluminum, after the two countries came to an agreement in recent trade talks. But existing tariffs will remain.
Prices for curbside natural high-density polyethylene have climbed even higher over the past month. Paper prices remain painfully low.