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Big drop in value of recycled plastics and metals seen this week

Date: Mon, 19 Jan 2015 | Author: Paul Sanderson

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Recycled plastics and metals were the big fallers in this week’s Resource Efficient Business Intelligence report.

LDPE 98/2 film saw a £50 fall on last week, while HDPE bottles came down by £30 per tonne.

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Copper was a big faller for scrap metal with £125 per tonne coming off, and it looks like more could be on the way. Other metals were relatively stable, but there could be more negative price pressure in coming weeks.

Paper grades were relatively stable this week.

Resource Efficient Business editorial director Paul Sanderson said: “The plastic market in particular was hit hard this week as previously high prices started to fall, and it looks like the lower oil price will force them down further.”

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Category: Recycling
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