Friday, September 18, 2009

September Tital Wave

Just as many of us thought supply and demand were heading back into balance, September rolls in like a tidal wave of demand. Almost all paper grades went up from $5.00 to $20.00 per ton, a significant increase, the higher end grades went up as much as $50.00 per ton.

What is this showing us? With some of the exporting slowing a bit due to customs becoming far more stringent, especially in China, along with balances more in line, our domestic mills are becoming stronger and their demand is increasing. What does this mean? Could it be that the economy is finally making a turn for the better? Keep in mind that waste paper goes into making cartons and other paper products that will be in demand just a few months from now. Therefore, might many mills be seeing their orders increasing based on real demands in the near future?

I would be remiss to not acknowledge that our company, Grossman Environmental Recycling, Inc. just won The Best Recycling Company in Columbus, something each of us are very proud of. We thank Columbus and the readers of C.E.O. Magazine who was responsible for this voted award.