[C]ustomers in China had ordered wastepaper from Dryden’s company, but when it arrived, they declined it. Bales and bales of abandoned cardboard and newsprint were sitting at Chinese ports as prices — which were high from July until October — dropped precipitously.
American exports of recyclable material used by the Chinese to make boxes to ship exports to the US and Europe are declining steeply, says NPR.
HT: Sabrina.