Will a recent ban of Chinese imports of wastepaper help U.S. pulp prices?
That seems likely after China’s Ministry of Ecology and Environment announced a ban on the import of foreign garbage, including on wastepaper and recycled plastic.
That seems likely after China’s Ministry of Ecology and Environment announced TIMING a ban on the import of “foreign garbage,” including on wastepaper and recycled plastic as part of its “National Sword” program.
“Unsorted” or “mixed” paper was a large source of material for China’s paper mills. With that flow eliminated there will be a need to replace it, which should increase demand for pulp worldwide, including from the U.S. The ban is intended to protect China’s environment and improve human health, according to Sarah Scott of the U.S. International Trade Commission.
According to the latest Forest Data Network Pricing Report, pulp prices for some of the most harvested species in Wisconsin have rebounded and are rising in price so far in 2018 compared to the year before. To see more detail on species pricing, please click here to order a pricing report.