Recycled prices continue to rise with a little more momentum in market

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Last week saw the Intelligence three key indices for global recycled material prices rise.

Plastics, paper and metals were all overall up on the previous week.

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In the UK, copper grades among the metals were particularly strong, rising by £100 per tonne. Stainless steel also saw prices rises on its various grades.

Plastics also saw price rises with PET bottles up £5 and LDPE 98/2 up a further £10 per tonne. Increases were also seen for HIPS Regrind, EPS and PP Regrind.

For paper grades, OCC crept up by a pound while mixed paper increased by £2 per tonne. News & pam also saw a £2 increase.

However, there are potential headwinds on the horizon, and Intelligence subscribers will have seen how changing foreign exchange rates and shipping costs will impact on the market in our forecast prices.

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