Friday, March 30, 2012

Scrap paper exports off to solid start

From The Paper Stock Report:
March 25, 2011
By Ken McEntee

Coming of a record year, U.S. recovered paper exports started 2012 with the highest ever January shipments and the second highest January pricing, based on import data from the U.S. Department of Commerce, Bureau of the Census.

According to Census data, the U.S. shipped just short of 2 million tons of recovered paper out of the country in January, valued at more than $318 million – a mean FAS price of $153.38 per ton for all grades combined.

The record January volume topped the 1.9 million tons exported in January 2011 by 4.5 percent. The average price was 5.4 percent below the January record average of $162.09 set in January 2011. The record volume was driven by a 26 percent year-over-year increase in exports of old newspaper (ONP). Exports of chemical deinking grades were up 15 percent and shipments of old corrugated containers (OCC) were up 12 percent. Meanwhile, exports of groundwood other than ONP were down 18 percent, exports of pulp substitutes were down almost 8 percent and exports of mixed paper were down 1.5 percent.

But prices were down for all grades except “other” groundwood. Along with the boom in volume, ONP prices in January were down 19 percent compared to January 2011, to an average of $135.86 per ton – a drop of about $33 per ton.

The solid month marked a slight decline compared to December, both in volume and price. Shipments in January were down 3 percent compared to December, while the average price was down slightly less than 1 percent.

Commerce trade data indicates FAS value, including the value of recovered paper to the dock and transportation to the dock, but not including costs of loading and handling at the port, nor ocean freight.
 See the full report at Paper Recycling Online.

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