A plea to consumers and householders to keep recycling paper to supply market demands, has come from the president of the Bureau of International Recyclings paper division. Paper division president and J&H Sales managing director Ranjit Baxi said suggestions that recycled paper was unsaleable were not a true reflection of current market conditions.
Baxi added it was paramount that the public continue recycling and even intensify efforts to ensure that there are enough recovered material supplies.
Commenting on falls in paper prices in the past few months Baxi called it a direct consequence of the sudden global economic downturn.
He warned that the world economic downturn could lead to reductions in the volume of paper and board products being bought by the public. This would in turn mean less material for collection and recycling. It is vital that collections are maintained and that the public continues to pursue its love affair with recycling - otherwise, in the longer term, we could be facing a shortage of the recovered paper on which the worlds paper and board industry has come to depend, Baxi said.
According to BIR market research, globally more than 200 million tonnes of recovered paper is used each year to produce about 400 million tonnes of new paper and board. While this production in developed economies (such as the USA and the EU) are expected to contract in 2009, key recovered paper consuming nations (such as China and India) are still expecting gross domestic product growth to exceed 6% this year. Therefore global demand for recovered paper will remain considerable, if perhaps slightly below 2008 levels. In 2008, Chinese paper mills alone imported almost 25 million tonnes of recovered paper and BIR market research said continued demand from China will ensure that this figure does not fall substantially in 2009.