FROM THE 2ND FEBRUARY INTELLIGENCE REPORT:
Paper grades fell even further this week with mixed paper in particular hit hard. Plastic bottles and film also fell back, but brass grades were the only movers in metals. The overall movement of the market is downwards this week, but it remains to be seen how much further it might go, especially as the market seems to be running counter to the global economy, which overall, appears to be in a strong growth phase. Clearly, we are still dealing with the impacts of the Chinese ban in the case of plastics . . .
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