Domestic demand in the U.S. for old corrugated containers (OCC) continues its strong streak, while pricing for the brown grade in July hit a nearly four-year high for a one-month price increase, according to Recycling Today.
Boston-based research firm RISI's Aug. 5 Yellow Sheet reports pricing increases for OCC of up to $10 per ton domestically and up to $25 per ton for exports from the month prior in light of lower generation, as well as from a combination of “intense export demand from China and steady-to-strong domestic mill buying.” Export levels increased to $178 per ton FAS (free alongside ship, meaning the seller must deliver goods to a named port alongside a vessel designated by the buyer) at the Los Angeles/Long Beach ports and $170 per ton FAS at New York/New Jersey ports, according to the Aug. 5 Yellow Sheet.
