Recycling Market Prices Sentiment Report: June 2018 to June 2019

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Recycling rollercoaster
Are recycling prices headed up or down?

In last month’s market sentiment report on where recycling market stakeholders think prices are headed, there was a sense of optimism.

But this seems to have shifted in the past month towards stability of prices.

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Plastics

For packaging grades, there is a sense that prices may creep up this month, but then won’t get much further.

The current price of £250 per tonne for PET bottles is expected to rise to £270 per tonne over the next month, but will then settle back to £260 per tonne for the next year.

HDPE bottles will rise in a month’s time to £460 per tonne, according to the market, from £450 per tonne now. But then are expected to drop to £440 in three months and £435 in a year’s time.

LDPE 98/2 film should be stable around the current £260 per tonne mark in a month, and may rise by another £10 to £270 in three months, and may creep up to £275 per tonne if the market view is correct.

HDPE Regrind isn’t expected by the market to change at all from its current £545 average over the coming year.

PP Regrind is currently averaging £550 per tonne and there is no expected changed in the 1- and 3-month forecasts. But by May next year, it could have increased to £570 per tonne.

Paper

OCC isn’t expected to change too dramatically according to the market in the next month, falling from a current £112.50 to £111 on average in July. A recovery is expected in three months though with it rising to £121 per tonne. In 12 months, it will be slightly down from this at £117.50.

An upturn is expected for news & pam over the next month though with the market expecting the average price currently of £95 per tonne to rise to £100. In three months the view is that the price will increase to £107 per tonne, and be largely stable in 12 months at £106.

Mixed paper is expected still to see some recovery over the coming months, with the current average price of £19 expected to grow to £22 in July. This may then increase to £25 in three months and £37 in 12 months.

Metal cans

Steel cans aren’t expected to see too much movement from the current average given by respondents of £140 per tonne. This may rise to £145 in a month and three months, but may fall to £140 again by this time next year.

The current average price of aluminium cans was seen at £1,015 per tonne, and this should drop to £1,000 in July if respondents are correct. However, in three months the expectation is that the price will be £1,025 and in a year £1,050.

This REB market sentiment report is a survey of key stakeholders in the recycling market of where they believe the market is headed in one month, three months and 12 months.

As a result, it is intended as a guide and Hanicke Robins Sanderson Limited cannot be held responsible for any commercial decisions made as a result of this information.

Please note, there may be a discrepancy between the average current prices quoted here and our weekly prices. This is because we use a market assessment taking into account a range of factors to produce our weekly market price, while the price quoted here is just an average.  

 

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