Recycled plastics helped by high PRN price, metals see some price rises

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Last week’s Intelligence price report found a largely stable market for the price of recycled commodities, but with some price increases.

Plastics were supported by the higher PRN price for plastic packaging that rose dramatically by around £15. This meant that most packaging grades were unchanged in price, halting recent falls.

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But in the case of LDPE 98/2, it actually led to a price increase of £5 per tonne.

Scrap metal grades also increased in value on the back of an improving picture on the LME.

Copper was up £75 per tonne, brass £25 per tonne while aluminium and ferrous grades were unchanged.

There was no change in the price of recycled paper grades, last week, but traders in the market are expecting price movement in the coming weeks. 

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