Latest News
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Third Quarter 2011
The global economy is going through challenging times. The Eurozone debt crisis, rising unemployment, weakening consumer spending, rising interest rates, fears of recession or a “double-dip” are all individually or jointly affecting economies around the world in one form or another. Advanced economies are slowing down sharply whilst those of the emerging nations are facing increased risks of inflation due to rising interest rates and/or credit tightening. Financial institutions, once again, have to endure increased stress ...
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Mr Baxi Speaking at RISI Conference in Amsterdam
Mr Baxi will be a guest speaker at the RISI Conference in Amsterdam March 15th - March 17th. His Presentation will be discussing the following : "Paper Recycling Trade: The Dangers of a Demand-Supply Crunch" please visit http://www.risiinfo.com/events/euro_conf/ for further information
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Fourth Quarter 2010
Growth in exports at the start of the quarter was slow to pick up, pointing to the fact that the global economic recovery was still quite fragile. Consumer confidence was still weaker & that we were failing to sustain it at acceptable levels. Fears of Double dip recession were receding but worries in the Euro Zone debt crisis continued to heighten concerns on Toxic Debts and rising unemployment. Following the October National Holiday in China we ...
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Third Quarter 2010
The news that China became the World’s second largest Economy, behind the USA, making China the 2nd largest driver of Global growth was received with a great deal of interest within the Recycling Industry. Japan’s second quarter GDP figures were at USD1.2 trillion whilst China was at USD1.33 trillion, with the 2009 GDP for USA at USD14 trillion. China’s growth has exceeded that of Germany, France, Great Britain and now ...
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Second Quarter Report 2010
Demand for Recovered Fibre continued strengthening at the beginning of the quarter with both strong export orders and an equally strong European domestic demand. Export prices have been continually increasing since January due to rising Freight charges, a weakening Euro, allied to a strengthening USA Dollar, and a growing cost of Fibre. At the start of April we saw prices for Recovered Fibre continue to stabilise at the March levels, with OCC trading at ...