Decreasing South Korean cardboard production due to fewer goods being shipped is pulling down waste paper demand in and out of South Korea.
According to the Korea Paper Association, the country’s cardboard production dropped from 511,412 tons in December to 478,083 tons in July of this year.
As cardboard is used in container boxes for numerous products, its supply and demand reflect a country’s economic index.
Paper production plants use waste paper thrown away by households and businesses that are collected by waste processing facilities.
South Korea also exports wastepaper.
The Ministry of Environment reported that South Korea’s paper production companies had 148,000 tons of waste paper in storage as of September, which is twice the average storage amount.
As wastepaper continues to pile up, the national average price of waste paper per kilogram dropped from 149 won in January to 108 won in September, while the price of exports plummeted from US$242 per ton in September of last year to $129 in September of this year.


Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
Parasites are ecological dark matter – and they need protecting
Ukraine minerals deal: the idea that natural resource extraction can build peace has been around for decades
Instagram Outage Disrupts Thousands of U.S. Users
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
LA fires: Long-term exposure to wildfire smoke is poorly understood − and a growing risk
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
How ongoing deforestation is rooted in colonialism and its management practices
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 



