- RCP prices spike as coronavirus-sparked logistics disruptions hit market
- China’s paper and board industry slow amid coronavirus outbreak; recycled containerboard prices go up
- Chinese customers remain keen to buy BSK despite coronavirus outbreak
- China rushing to address fast-shifting coronavirus crisis impacting pulp and paper, nonwovens sectors
- US OCC spurts up at mid-month -- and China keeps up purchases for fiber-short mills during coronavirus crisis
RCP prices spike as coronavirus-sparked logistics disruptions hit market
SINGAPORE, Feb 21, 2020 (PPI Asia) The impact from the COVID-19 coronavirus has been felt in the recovered paper (RCP) market across Asia, with its supply chain disrupted by a severe shortage of containers available for international shipping while prices for RCP imports are on the way up.
Sources reported that China’s stalled-out inland transport due to the COVID-19 outbreak has paralyzed general imports and exports, leading to a colossal number of containers being kept in the country.
Faced with the dwindling availability of containers, shipping lines have been raising ocean freight rates for RCP cargoes globally...
China’s paper and board industry slow amid coronavirus outbreak; recycled containerboard prices go up
BEIJING, Feb 20, 2020 (Fastmarkets RISI) Chinese customers have seen prices for major recycled containerboard grades edge up this week as trade slowly recovers in the COVID-19 coronavirus-hit country.
From toy factories to automakers, many manufacturers in China have been partly resuming production or preparing for a restart since last week after extended Lunar New Year (LNY) holiday shutdowns due to the COVID-19 outbreak.
Those in Hubei province, the epicentre and origin of the outbreak, are the exception...
Chinese customers remain keen to buy BSK despite coronavirus outbreak
SINGAPORE, Feb 14, 2020 (PPI Asia) In China, purchases of both imported and domestic resale pulp have come to a grinding halt over the past three weeks due to the coronavirus outbreak.
Price talks between sellers and buyers remain underway via phone and internet, though, despite a lack of concrete shipping schedules.
Attempts to contain the epidemic at every level of government, from the central administration down to the committees of villages and residential communities in cities, have led to draconian controls on the movement of people and cargo across the country.
China rushing to address fast-shifting coronavirus crisis impacting pulp and paper, nonwovens sectors
COLOGNE, Germany, Feb 19, 2020 (Viewpoint) - By Jessica Zimbalatti, Senior News Editor, Fastmarkets RISI The spread of the COVID-19 coronavirus in China and the measures being taken to contain it are impacting the pulp and paper (P&P) and nonwovens sectors in strange new ways, illustrating the challenges facing general domestic and overseas industry.
Take face masks. In much of China, providing workers with surgical masks to prevent the spread of COVID-19 on the shop floor is often a regulatory pre-requisite for factories to come back online after extended precautionary shutdowns. But with 24% of the face mask factories in China still offline themselves as of Feb. 11, and with cross-country shipping all but halted, getting them where they are needed is a challenge.
US OCC spurts up at mid-month -- and China keeps up purchases for fiber-short mills during coronavirus crisis
NEW YORK, Feb 21, 2020 (PPI Pulp & Paper Week) - Old corrugated container (OCC) prices increased in mid-February as domestic suppliers, mostly in the US Midwest, said they are short on supply, while large exporters to China told Fastmarkets RISI's PPI Pulp & Paper Week that they are "quite active" in buying double-sorted OCC (DSOCC). To non-China, the large exporters said Feb. 19 that they had demand this week for No. 11 OCC and mixed paper.
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