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Risk of recyclate market collapse says WRAP chief

Date: Fri, 16 Sep 2011 | Author: Paul Sanderson

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WRAP chief executive Liz Goodwin has said that there is a “real risk” of a collapse in the price of recyclable materials.

Speaking at the RWM exhibition this week, she warned that the current state of the global economy could mean a repeat of the crash that was seen in 2008 when prices dropped dramatically and suddenly.

She said: “The current economic uncertainty may also feed into volatility in the recyclates markets. Many of you will recall the challenges we all faced last time there was a crash in prices for recycled materials.

“We all know that when the economy is under pressure, this is a very real risk. But if there should be a repeat performance, WRAP will be here to provide support and market intelligence.”

Category: Recycling
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