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Recycled prices stabilised last week, but market looks at China with fear

Date: Mon, 24 Aug 2015 | Author: Paul Sanderson

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The current weak economy in China has put a shroud of concern over the market for recyclable commodities.

Although prices stabilised last weak, there are fears that prices could fall further as a weakening Chinese economy hits demand, but also drops the value of primary materials such as industrial metals and oil.

Milk bottles lost another £10 per tonne, but PET bottles and LDPE 98/2 were largely stable.

OCC and mixed paper were unchanged on the back of some Chinese mills topping up inventories after stepping out of the market for a few weeks, while news&pam was also unchanged.

Copper and brass both eased further down, as did aluminium grades.

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Category: Recycling
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