Page 98 from: Our summer issue is out now!

MARKET ANALYSIS

Markets buoyant despite
global stresses
The switchback nature of the paper industry in

recent months makes market forecasting very

difficult.

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serious Covid outbreaks such as those
experienced in China and thus at key
Chinese ports. The Russian invasion of
Ukraine has prompted a series of con-
sequences, particularly for oil prices.

There was also the inadvertent banning
of exports of recovered paper from
Europe to India (now rectified) on top
of the continued worldwide disruption
of supply chains which is a knock on
from the factors described above and
allied to the effects of Covid which are
still very much in place.
Market insiders are not on the same
page when it comes to forecasting.
Some expect, because of still-disap-
pointing collection levels and contin-
ued demand, at least a price-sustaining
situation. Others point to inflation, ris-
ing costs for businesses and citizens

Sometimes when there are so many
factors at play, it is difficult to analyse a
market and make predictions. This is
the case at present. On a global scale,
traders have to cope with pockets of

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