Overall, figures from the latest HMRC export data showed that most countries increased their purchasing power of OCC, mixed paper and news & pams throughout October, with only some destinations decreasing the amount it imported.
OCC – Commodity Code 470710
OCC witnessed some big increases throughout October with destinations choosing to import more of this material compared to September.
Globally, 245,153 tonnes was sent abroad from the UK, an increase from last month’s figure of 214,968 tonnes. It is up on last year when a total of 182,540 tonnes was purchased and is also the highest quantity since September 2017.
China purchased its highest amount so far this year of OCC and was also the key buyer, importing 176,112 tonnes. This is an increase on last month when 134,271 tonnes was bought. This is also significantly higher than October 2017 when 92,401 tonnes was imported.
Vietnam dramatically decreased its purchase of OCC, importing only 1,301 tonnes, down from September when 39,362 tonnes was bought. It is the lowest figure for the destination so far this year.
Indonesia doubled the quantity it imported buying 6,442 tonnes, up from 3,139 tonnes in October.
The UK exported 26,691 tonnes to India, an increase from the 22,356 tonnes sent last month.
EU exports revived a bit this month, as it imported 5,924 tonnes. This is up from October’s figure of 3,191 tonnes. Germany was the key European buyer of OCC, purchasing 2,953 tonnes, followed by the Netherlands (2,096 tonnes).
OCC key destinations (47071000)
Mixed Paper – Commodity Code 470790
Globally, mixed paper increased this month to 104,690 tonnes, up from last month when 93,363 tonnes was shipped. However, this is down on October last year when 121,339 tonnes was exported.
India was the best buyer of mixed paper, importing 34,736 tonnes, up from 20,781 tonnes in September. This is also the highest figure for this destination since April.
The EU increased the total amount it purchased of this material, buying 24,552 tonnes, up from 20,093 tonnes.
While mixed paper is banned in China, the UK still exported 21,070 tonnes to the country in October. This is a slight decrease from September’s figure of 22, 855 tonnes, although it is the second highest amount the country has imported so far this year.
Vietnam’s import of this material declined by halve, as it only bought 2,640 tonnes, down from 5,675 tonnes. It is the lowest figure the country has purchased so far this year.
Indonesia saw a small increase, buying 16,527 tonnes, up from September when the number was 15,489 tonnes.
Mixed paper key destinations (47079010)
News & Pams – Commodity Code 470730
The UK exported a total of 32,363 tonnes, a sharp increase from last month when 26,519 tonnes was exported.
China remained the dominant buyer of this material, as it slightly increased from September’s figure of 10,739 tonnes to 11,036 tonnes.
The EU was the second biggest purchaser, importing 7,625 tonnes, up from 5,110 tonnes last month.
India increased its amount from last month, buying 6,453 tonnes, up from the 4,715 tonnes in September.
Indonesia also bought more of this material in October, importing 3,576 tonnes, up from 2,010 tonnes. It is the country’s highest amount since April.
N&P key destinations (470730)
|wdt_ID||Date||China||Hong Kong||India||Indonesia||EU total|