More of the same.Sources report little change in either direction for the recovered fiber market as 2006 winds down and the industry prepares to begin a new fiscal year. Prices for old corrugated cor·ru·gate v. cor·ru·gat·ed, cor·ru·gat·ing, cor·ru·gates v.tr. To shape into folds or parallel and alternating ridges and grooves. v.intr. containers (OCC OCC See: Options Clearing Corporation OCC See Options Clearing Corporation (OCC). ) have remained stable, with minor variances depending on region. Generation is tremendous says one Midwestern packer, contributing to an abundance of supply that is helping to keep prices somewhat depressed. The packer says the mild winter so far has contributed to the glut of material as people have no problem getting their material to the curb and drop-sites for pickup. In addition, sources report that the market for old newspapers (ONP ONP Open Network Provision(ing) ONP Olympic National Park ONP Old Newspapers (pulp and paper inustry) ONP One Nation Party ONP Operation Na Pali (gaming) ONP One Night Process ) is starting to slip after enjoying several strong months. Dropping investment in construction spending Construction Spending An economic indicator that measures the amount of spending towards new construction. Released monthly by the U.S. Department of Commerce's Census Bureau, it looks at residential and non-residential construction in the private sector, and state and federal at has begun to take its toll on the insulation market, which had been driving the demand for ONP for the past several months. The most recent statistics released by the U.S. Census Bureau Noun 1. Census Bureau - the bureau of the Commerce Department responsible for taking the census; provides demographic information and analyses about the population of the United States Bureau of the Census in December report a 1 percent drop in total construction spending and a 1.9 percent decline in private residential construction--not promising statistics for insulators or for the materials they purchase. The ONP market is also suffering from an overabundance o·ver·a·bun·dance n. A going or being beyond what is needed, desired, or appropriate; an excess: teenagers with an overabundance of energy. of supply as well, sources say, as newspapers are still thick with holiday advertising. [GRAPHIC OMITTED] Demand for high grades remains strong, although a Midwestern source reports quality becoming a bigger issue as more material comes from the growing document destruction industry. She says the biggest culprit is "stickles," or adhesive material in sorted office paper (SOP). Sources report steady export activity, with material moving particularly well out of the Pacific Northwest. The market looks relatively solid going into the first quarter of 2007, although sources say much will depend on what winter weather brings, because bad weather can affect how companies build their inventories. (Additional news about paper recycling Paper recycling is the process of recovering waste paper and remaking it into new paper products. There are three categories of paper that can be used as feedstocks for making recycled paper: mill broke, pre-consumer waste, and post-consumer waste. markets, including breaking news and pricing, is available online at www. RecyclingToday.com.) |
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