The enigma of demand in waste paper
Scrap The problems in the paper market continue. While industrialists want the import quota of waste paper to be increased to meet their raw material needs, supplier companies do not buy waste paper in the domestic market because there is no demand. While it is claimed that some companies set prices, it is claimed that the reason for not purchasing from the domestic market may be an attempt to contain prices. Paper imports into Türkiye are carried out according to certain quotas. That is why industrialists cover part of their raw material needs with the domestic market. Stating that there is not enough waste paper in the domestic market, sector representatives are preparing to meet with relevant institutions to overcome this problem and increase the import quota, while waste paper manufacturers supplying industrialists They do not buy in the domestic market. Paper companies, which buy paper in the domestic market and sell it to industrialists, claim that there is not enough demand in the market and therefore they cannot make purchases.
CAPACITIES WILL INCREASE BY 50 PERCENT
Industrialists who came to our newspaper after our news about the “Import of waste paper” said: “There are serious incentives for collecting recycled products abroad, so foreign companies, which cost raw materials at almost half our price, they send ready-made products to Turkey at our production cost. For this reason, we have difficulties competing with foreign companies. However, despite this, in recent years significant investments have been made in the recycling sector in Turkey. “With the investments made this year, we will increase capacity by 50 percent in 2024,” he said.
Industrialists want to increase quotas
industrialNoting that current paper stocks in Turkey are not enough for factories to operate at full capacity, he said: “It is not possible to overcome this problem with the import quota.” On the other hand, it is stated that some companies that dominate the market give instructions to paper companies to determine the purchase prices of paper. This situation brings to mind the question: “Is a game being played to contain prices in the domestic market?”
Source: Sozcu
Andrew Dwight is an author and economy journalist who writes for 24 News Globe. He has a deep understanding of financial markets and a passion for analyzing economic trends and news. With a talent for breaking down complex economic concepts into easily understandable terms, Andrew has become a respected voice in the field of economics journalism.