North American and Western European boxboard suppliers face competitive pressures from China

North American and Western European boxboard suppliers face competitive pressures from China

Boxboard overcapacity in China is driving down global operating rates. Explosive capacity expansion reversed the nation’s former trade deficit of boxboard to a surplus that exceeded 1 million tonnes in 2014. Chinese suppliers are capturing commodity boxboard markets in nearby regions. This is placing pressure on North American and European virgin boxboard suppliers that depend on exports for continued growth. It has also raised concerns over new European projects coming on line over the next two years and how this capacity will be absorbed into the market.

 

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Source: www.risiinfo.com