In June, the British recovered paper market once again experienced relatively low collection volumes and high demand, especially from mainland Europe. The upward price trend for all grades was therefore unbroken.
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The exports of paper and paperboard exports from India have grown by nearly 80 percent to touch the highest-ever figure of INR 13,963 crore in FY 2021-22, as per the data released by the Directorate General of Commercial Intelligence & Statistics (DGCI&S).
More downtime will follow if necessary, the company says.
Kraft papers have a rising trend of manufacturing it through natural recycling which has though lesser strength than virgin natural craft paper, but it is more eco-friendly and still has enough strength to fill void applications. The growing packaging industry and paper industry is largely driving the growth of the global kraft paper market.
Earlier this year, the American Forest & Paper Association (AF&PA) released its preliminary 2021 data from US paper and paperboard mills. According to this report, total containerboard production in 2021 increased 5.6 percent compared to 2020 — the ninth increase in the past 10 years. Containerboard has demonstrated the highest rate of growth for any major paper grade over the last six years, and paper producers are making large investments to keep up with growing demand.