The 2021 recycling market review

0
155
Mixed plastics
Mixed plastics

This special article looks at some of the key stats in the 2021 recycling market.

It is based on REB Market Intelligence prices.

Advertisement

If you like this article, why not take out a subscription to Recycling Insights and get market data on a daily basis. Contact paul.sanderson@recyclinginsights.com for more information

Paper recycling

OCC started the year at £95 per tonne, and ended it at £125 per tonne. The highest price recorded by REB Market Intelligence was £157 on both 12 March and 27 August, while the lowest was £95 at the beginning of 2021. The average price throughout the year was £135 per tonne.

News and pam started 2021 at £67 per tonne, and ended the year at £142 per tonne. The highest price achieved was £155 from 1 October to 29 October, but the lowest was what it started the year on – £67. The average price across 2021 was £128.

Mixed paper was priced at £48 per tonne on 8 January (this was also the lowest price seen this year) and was at £98 per tonne last Friday. Mixed peaked at £120 per tonne 26 March and 9 April and also 3 September and 24 September. The average price was £100.

Plastic recycling

PET bottles were priced at £255 per tonne on 8 January. By 23 April, they had dropped to the lowest price of £180. But as the rest of the year went on the trend was upwards, ending 2021 with £390 per tonne – the highest price of the year. The average price was £272 per tonne.

HDPE bottles began 2021 at £430 per tonne, and had trended to its lowest of £380 on 23 April. Like PET, HDPE bottles then tended to go upwards for the rest of the year reaching a high of £685 per tonne last week. The average price was £505 per tonne.

LDPE 98/2 film began the year at its lowest of £230 per tonne, which it recovered from before slumping back to this total between 19 and 26 February. From there it jumped up rapidly pricing between £330 to £365 per tonne from Spring into Autumn. But from the end of October the price started rising again, reaching its highest price of the year of £435 on 3 December – a price it remained at to finish the year on last Friday. The average price was £339 per tonne.

Metal recycling

Starting with cans, aluminium UBCs began the year at £800 per tonne, a figure also seen as a low on 5 March. The high for the year was £1250 seen between 12 November and 3 December. The average price for the year was £973 per tonne.

Steel cans were priced at £180 per tonne on 8 January, which was the lowest price of the year and was not repeated again in 2021. The high of £250 per tonne was seen on 21 May and lasted until 13 August. The final price of the year was £240, which was first seen on 22 October and remained unchanged for the remainder of the year. The average price was £230 per tonne.

In industrial metals, dry bright wire copper began 2021 £4,825 per tonne and ended it on £6,100. Its lowest price of the year was £4,600 per tonne seen on 29 January and 26 March. The highest price was £6,400 on 26 November. This year’s average was £5,862 per tonne.

Brass started this year with a low price of £2,400 after which the trend was generally upwards reaching a high of £3,550 per tonne on 22 October. It finished the year on £3,450 per tonne, above its annual 2021 average of £3,045 per tonne.

Aluminium taint/tabor was at £1,450 on 8 January, but registered its low for the year of £1,425 on 26 March. The high of £2,350 per tonne was recorded on 17 September. For most of the rest of the year, it was £2,250 per tonne, which it ended 2021 on also. This year’s average price was £1,989.

HMS 1 steel began 2021 with a price of £195 per tonne. The lowest price was £190 per tonne on 26 March, and the high was £240 per tonne 21 May and 13 August. It ended the year on £230 per tonne – a price it had been at since 22 October. The average price was £221 per tonne.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.