The price of many materials has fallen this week with less demand reported in the market and global events also having an impact, according to the latest scrap-ex price report.
However, the price of PRNs has picked up with most now increasing in price.
With many of the major economies in the world either reporting slower growth (such as China) or recession (UK and a number of eurozone nations), the primary commodity markets have suffered and this has fed through to secondary commodity prices.
Mixed plastic bottles scrap-ex grade A were down this week to £235 to £245 compared to £235 to £255 on 12 April.
Natural PET bottles were only down at the top end to £355 from £360 on 12 April remaining at £320 at the bottom of the spread.
HDPE milk bottles have fallen to £365 to £410 from £370 to £415 last time. HDPE regrind has dropped to £415 to £450 from £420 to £455 on 12 April. 442 mixed bottles are down to £245 to £275 from £255 to £290 last time.
In paper grades, less demand has pushed down the price of OCC to £88 to £98 from £98 to £108 on 12 April. Mixed papers are down to £78 to £88 from £80 to £90 last time. However, office papers have increased to £122 to £130 from £116 to £122.
Copper dry bright is lower at £4,600 to £5,025 from £4,625 to £5,050 due to a falling copper price on the LME.
Aluminium cuttings have fallen to £985 to £1,175 from £1,050 to £1,200 on 12 April, while lead scrap is down to £975 to £1,100 from £1,020 to £1,275.
Aluminium cans are lower at £910 to £965 from £915 to £975 last time.
Ferrous grade 0A has fallen to £235 to £275 from £245 to £280.
Despite the falls in materials prices, the value of most packaging recovery notes (PRNs) has increased.
Plastic PRN has jumped most dramatically to £10 to £12 from £6.50 to £8.50 on 12 April. Paper has increased to £1.25 to £1.75 from £1.20 to £1.65 a couple of weeks ago.
Glass is up to £8.75 to £10.75 from £8.50 to £10.50 last time, while steel is up to £6.50 to £7.50 from £5.25 to £7.25 on 12 April.
