PRICE DYNAMICS ON THE RECOVERED PAPER MARKET

The significance of recovered paper as one of the main raw materials i n paper making has increased steadily during the recent decades, curre ntly covering almost 40% of the total fibre furnish globally. The deep market changes in the recent years, the complexity of the market dyna mics and the increasing importance as a raw material, together with mi nor existing research in this sector have brought up needs for an anal ytical tool to facilitate decision making in the recovered paper busin esses. In this paper one possible way of analysing the structure of th e recovered paper market is discussed and a statistical approach suppo rted with a qualitative market analysis is suggested with the objectiv e of getting a view of the short-term price trend. Also the obstacles encountered in the modelling efforts are discussed. (C) 1998 Elsevier Science B.V. All rights reserved.