The price of plastic PET bottles has fallen this week on the scrap-ex price report, but most paper grades have seen an increase.
Natural PET bottles are down to £345 to £385 from £365 to £400 a week ago due to less demand following the Chinese New Year celebrations.
However, HDPE milk bottles are up a touch to £380 to £415 this week from £375 to £410 on 2 February.
With production now under way at the SAICA mill in Manchester, there is more demand for cardboard pushing the price of Carboard/KLS up to £122 to £128 per tonne. This compares to £118 to £125 a week ago.
However, other paper grades are also up in price. Multigrade has increased to £125 to £132 from £118 to £126 a week ago. News and pams is up at the top end to £112 to £122 from last week’s £112 to £117. While SOW/Office Papers increased to £121 to £128 from £115 to £126 a week ago. Mixed papers were up to £95 to £102 from £90 to £98 on 2 February.
Clear glass has fallen to £12 to £22 from £14 to £22 a week ago. Amber is also down at the bottom end to £10 to £18 from £12 to £18 last time.
In metal grades, copper has increased to £4,800 to £5,100 from £4,625 to £5,000 a week ago. This reflects increases this week on the LME.
Ferrous grade 0A structural plate dropped to £250 to £305 compared to £260 to £310 last week.
However, aluminium cans are a bit lower at £925 to £1,025 from £950 to £1,050 a week ago.