French recycled containerboard price hike of about €20/tonne loses ground, with most producers agreeing to about €10/tonne cut in March; converters had sought rollback due to their inability to pass along the price hike to their customers
April 1, 2014
(Industry Intelligence Inc.)
– In March, prices on recycled corrugated case materials in France declined by about €10 (US$13.81) per tonne, under pressure from converters, reported Euwid on March 31.
Converters had sought a rollback of the entire price hike of approximately €20/tonne in fourth-quarter 2013, because they were unable to pass along the price increase to their customers.
The market appeared to be moving toward price deterioration in February, Euwid reported.
The primary source of this article is Euwid, Gernsbach, Germany, on March 31, 2014. Click here for full version of the primary source's article.