Recycled plastics and metals were the big fallers in this week’s Resource Efficient Business Intelligence report.
LDPE 98/2 film saw a £50 fall on last week, while HDPE bottles came down by £30 per tonne.
Want to know where prices are headed in 2015? Secondary Commodity Markets 2015 – the conference for buyers and sellers of recyclable materials takes place on 3 March 2015 in London. Find out more here and get a free trial to Intelligence until the conference if you book to attend.
Copper was a big faller for scrap metal with £125 per tonne coming off, and it looks like more could be on the way. Other metals were relatively stable, but there could be more negative price pressure in coming weeks.
Paper grades were relatively stable this week.
Resource Efficient Business editorial director Paul Sanderson said: “The plastic market in particular was hit hard this week as previously high prices started to fall, and it looks like the lower oil price will force them down further.”
If you would like a free 4-week trial or for more information on Resource Efficient Business Intelligence, visit https://www.rebnews.com/intelligence/
Alternatively, contact Paul Sanderson on 020 3384 0326 or email email@example.com
LARAC members get a special LARAC edition of Intelligence free each week. It can be found in the Members section of http://www.larac.org.uk/