Tuesday, July 3, 2012

China Buys 75% of US OCC Exports


In the first four months of 2012, China purchased 75% of all US exports of old corrugated containers (OCC) -- a major share increase from five years earlier as containerboard capacity in China steady increased the last five years and is expected to continue rising over the next two years.
This year through April, the US exported 2.4 million tonnes of OCC to China, according to figures from the US Dept of Commerce, Bureau of Census. In 2007, the US shipped 822,000 tonnes or 51% of total OCC exports to China.