With all other PRNs remaining stable, plastic PRNs were the only movers in this week’s scrap-ex PRN report.
In the report for 14 June 2011, the bid price for plastic PRNs was £7 per tonne, while the offer price was £8 per tonne. This compares to £7.50 per tonne bid and £9.25 per tonne offer last week.
Forward prices for June, July and October were all in this £7 to £8 range.
scrap-ex director Gareth Goodall said: “The plastic PRN price spiked up to £10 per tonne a week or so ago and has now pulled back to the £7 to £8 per tonne range. We still have buyers within this range.”
To see the report, visit http://www.scrap-ex.com/pdfs/news/prn_weekly_140611.pdf