FRIENDS,
One of our friend Mr. Pankaj Aggarwal from Noida send us the under mention data:
The landed waste paper (OCC) price from USA and Dubai for the year 2008 and 2010 is shown below:
| | | | ||
| Year | 2008 | 2010 | 2008 | 2010 |
| JAN | 260 | 235 | 225 | 200 |
| FEB | 285 | 280 | 248 | 230 |
| MARCH | 290 | 300 | 250 | 250 |
| APRIL | 275 | | 240 | |
| MAY | 260 | | 220 | |
| JUNE | 255 | | 220 | |
| JULY | 270 | | 240 | |
| AUG | 250 | | 215 | |
| SEP | 245 | | 210 | |
| OCT | 230 | | 200 | |
| NOV | 135 | | 103 | |
| DEC | 110 | | 120 | |
| Average | 239 | | 208 | |
Please note that this years OCC prices for Jan Feb and March are not an abnormal rate for which the mills are making so much noise.
In the year 2008 Jan - March and this year 2010 Jan - March price are same.
However the increase in paper price in both years are not same. Even after making adjustment for the $ Power, Coal etc. the current price rise is not justified on part of the mills.
Hence a strong correction is expected and requested in imported waste based paper prices starting from May 2010 onwards.
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