US company Waste Management Inc says just 2% of its OCC now goes to China

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US giant Waste Management Inc has reported that just 2% of its OCC now goes to China compared to 30% previously.

At the same time, the price it received for OCC had dropped to a nine-year low, and the value of mixed paper had fallen to $0 or below.

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In a conference call as it announced its first quarter results, the company's chief executive Jim Fish reported that the 0.5% contamination limit . . .

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