German recycled containerboard prices erode in May and trend is expected to continue in June due to a slowdown in demand, lower wastepaper costs, a number of holidays; but white testliner prices remain steady

LOS ANGELES , May 24, 2012 () –

Recycled containerboard prices are under pressure in Germany this month due to sluggish demand, falling costs for recovered paper, market weakness in nearby countries, and a number of holidays; however, white testliner prices are still stable, reported EUWID-Paper on May 24.

The German market for recycled containerboard started to erode in mid-May, when the final step of a prolonged price hike attempt failed and prices were rolled back, according to market sources. Some special offers are available, they added.

The situation was not expected to improve in June, when the same market factors could continue to pressure recycled containerboard prices down further unless producers begin to firm up the market with production curtailments, EUWID-Paper reported.

The primary source of this article is EUWID-Paper, Gernsbach, Germany, on May 24, 2012.

 

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