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According to major trading companies in Southeast Asia, the purchase and sale of waste paper has gradually become light in the past two weeks. Many buyers complain that in the past three months, the price of waste paper has risen too fiercely, and the increase in the price of its products has not kept pace with the increase in waste paper.
It is said that unless the paper and board products produced by the production companies can be adjusted upwards, the price rise of waste paper cannot be sustained. As the profitability has become increasingly meager, users have been reluctant to accept further increases in waste paper prices and transaction activities have been greatly reduced. However, traders in North America said that the demand for waste paper in the United States has increased, and most of the sources of goods have been consumed, resulting in a decreasing number of exported waste paper.
Asia's recycling waste paper market is cooling
After several months of rising prices, the recycling waste market in Asia began to show a trend of cooling. According to sources, the price of recycled waste paper has begun to weaken following the shocks in the past few months.