Last week’s Intelligence report showed price rises for a number of key grades.
But with huge increases in the cost of shipping containers occurring from mid-March hitting exporters, any further price rises for recyclable materials could be tempered.
OCC was up by a further £4 per tonne this week, while mixed increased by £2 per tonne. Domestic and European demand for news & pam pushed this grade back up above mixed paper.
Plastics also saw rises on the back of Chinese demand and an increased PRN with PET and HDPE bottles up by £10 per tonne. But film was not quite so in demand, but still managed an increase of £5 per tonne.
Copper grades increased by £50 per tonne, but otherwise metals were stable.
If you require more information on the price of recycled materials, including trends and pricing expertise, attend Secondary Commodity Markets Conference on 26 April in Oxford. More information at www.secondarycommoditymarkets.eventbrite.co.uk
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