This week’s Resource Efficient Business Intelligence report shows a fall in the value of both OCC and mixed paper.
But after three weeks of significant price falls, plastics prices did not fall any further for now.
OCC dropped by £3 per tonne and mixed paper saw the same price fall.
The price of recycled plastics didn’t fall any further with some key grades seeing more than £100 per tonne coming off over the past three weeks.
However, there is uncertainty in the market about whether this stability is just a temporary lull.
Resource Efficient Business editorial director Paul Sanderson said: “It isn’t clear as yet whether a floor has been reached for materials such as PET or HDPE bottles. But there is a view in the market that £40 to £60 may come off LDPE 98/2 in the coming weeks, possibly as early as this week.”
Price changes were also seen for ferrous and non-ferrous metal.
The value of certain PRNs has also changed with plastic PRNs gaining around £24 in the last couple of weeks since the new compliance period began.
This week also saw the monthly update of our export demand guide to include February, March and April.
For more information on the markets, and where prices are likely to head, why not attend Secondary Commodity Markets on 3 March in London? Find out more information here.
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