scrap-ex prices this week show some movement for plastics

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Plastics were the main movers in this week’s scrap-ex weekly pricing report, but there was also change for ONP and some metals.

Natural PET widened its range to £430 to £475 per tonne on 28 July from £440 to £465 on 21 July. LDPE 98/2 increased by £10 per tonne to £260 to £290 from £250 to £280 a week earlier.

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Mixed bottles were up to £280 to £345 this week from £275 to £325 on 21 July. Used wheelie bins saw a fall, dropping from £225 to £255 last week to £200 to £245 on 28 July.

While most paper grades remained stable, less demand for old news and pams as the market takes into account the closure of the News of the World, pushed the price down to £125 to £140 per tonne on 28 July from £135 to £155 on 21 July.

The main changes in the metal markets were that copper dry bright wire edged down from £5,000 to £5,425 last week to £4,090 to £5,400 this week. This reflects volatility on the LME caused by worldwide economic factors, that has seen an overall downward pattern for copper over the past couple of weeks, although the LME has been up one day and down the next on many occasions recently.

Lead batteries dropped from £580 to £625 last week to £560 to £610 this week.

Foundry short steel fell £10 per tonne to £280 to £335 on 28 July from £290 to £345 on 21 July.