Further tumbles in the value of recycled materials were seen this week.
Subscribers to our weekly Intelligence report on the values and trends seen in the market, will have seen further deep drops in key plastic grades and a slight weakening of paper.
PET bottles saw £20 per tonne come off, while HDPE bottles were down £30 per tonne. This also had an impact on mixed bottles with £20 coming off the best quality material.
Other plastic grades were mostly stable.
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OCC fibre came off by £1 per tonne, while mixed paper was down £2. Further price changes are anticipated in the coming weeks.
Although both steel and aluminium cans were stable, copper grades saw up to £100 per tonne come off due to further falls on the LME.
Resource Efficient Business editorial director Paul Sanderson said: “The Intelligence report once again shows the fragile nature of the markets. Our analysis this week of historic data for subscribers shows how low the markets have got in comparison to the past.”