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Material Focus - Recovered paper

After the storm, a period of relative calm: having slumped from some £160 per tonne in the summer to a low of around £95, OCC export prices for the Chinese market have stabilised typically in the £102-£108 range. However, the volumes heading to China are limited by existing import licence quotas, with allowances for 2018 unlikely to be con­firmed until a few weeks before the end of the current year, experts believe. Shipping rates have dropped further to $600-700 per 40ft container.