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Wastepaper piles up at a dock in Hong Kong in September.   © Reuters
Commodities eye

China does Japan's papermakers a favor with wastepaper clampdown

Restrictions ease materials costs and push up containerboard prices

SHINNOSUKE OGANE, Nikkei staff writer | China

TOKYO -- Tighter Chinese restrictions on wastepaper imports have put some much-needed wind in the sails of Japanese paper producers.

High prices of the raw material have been hurting the Japanese players' earnings, but as the supply-demand balance has loosened, the market has settled since this summer. 

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