BIR World Mirror on Recovered Paper / Quarterly Report - July 2011

PRESIDENT’S REPORT featuring Asia
by Ranjit Baxi, J&H Sales International Ltd

Rising inflation, increasing unemployment in the Western economies, the still-unresolved Euro sovereign debt crisis and its effect on Euro/US dollar rates, and decreased consumption: all of these have had a noticeable effect on export volumes and prices.

In the second quarter, some of the leading European economies continued to show positive signs of growth which, in turn, have helped to promote demand for recovered fibre in Europe. However, the weak Euro economies have still been affecting European consumption, leading to a slight reduction in collections of recovered fibre (...)

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