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Plastic bottles rise this week, copper increases a little but OCC sees a fall

Date: Mon, 11 May 2015 | Author: Paul Sanderson

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The recycling market this week saw the price of plastic bottles rise.

Demand remained strong for both PET and HDPE bottles, with the former rising by £15 per tonne on last week, and the latter increasing by £10 per tonne.

On paper grades, the only real change was OCC, which eased off by just a pound.

Copper grades were up by £25 per tonne, in what was otherwise a rather stable market for metals.

Resource Efficient Business Intelligence director Paul Sanderson said: “There is still momentum in the market for plastic bottles, but it will be interesting to see how much more this can continue.

“The recent rally in paper grades seems like it topped out this week, and as subscribers to Intelligence know, conditions look set to change the recent pattern seen in the market.

“Recent economic news out of major industrial economies kept this market relatively stable, but volatility is never far away with metals.”

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Category: Recycling
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