Markets subdued as Chinese New Year holiday comes to an end

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Prices have been largely stable on this week’s scrap-ex price report, but the markets have been quiet this week with China on holiday for its New Year celebrations.

Mixed bottles scrap-ex grade A were up a touch to £245 to £270 from £240 to £270 last time. Most other grades were unchanged, although LDPE 98/2 was down to £280 to £330 from £285 to £330 last week.

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In paper grades, news and pams were down to £110 to £117 from £115 to £120 a week ago. Cardboard/KLS was unchanged on £116 to £125. SOW/Office papers increased to £115 to £125 from £100 to £110 a week ago.

Copper dry bright was up a touch at the top end to £4,750 to £5,150 from £4,750 to £5,100 last time.

Aluminium cans lowered a bit at the bottom end of the range to £950 to £1,050 from £965 to £1,050 a week ago.

Ferrous grade OA structural plate was at £265 to £320 compared to £270 to £320 a week ago.

Don’t forget to book your place at the Achieving High Quality and High Value Recycling conference on 21 March at Warwick Racecourse. Book now for the early bird rate of only £259+VAT – available only until 31 January 2012. Find out more at www.scrap-ex.com/conferences