Overall, pricing for November is improved from October. The improvement is based on a number of factors which are likely to be temporary with one notable exception, which is the overall strength of the US Economy. The temporary factors include Chinese importers competing with each other to expand their total imports in 2016 because their… Read more »
MARKET CONDITIONS OCTOBER 2016
Pricing for recyclables in October is down significantly, especially for all of the paper grades. The causal factors of this decline are both the normal seasonal drop in demand and the surprise bankruptcy of Hanjin Container Line, which was a large container shipping company based in South Korea. Hajin filed for bankruptcy in early September… Read more »
MARKET CONDITIONS SEPTEMBER 2016
The market for recyclable materials, especially the paper grades, has been impacted by the usual fundamentals but also emotion, drama and even political influence over the past few weeks. Pricing first moved up dramactically and then reveresed just as drastically to end up very near the pricing we enjoyed in August. To explain, the fundamentals… Read more »
MARKET CONDITIONS AUGUST 2016
Once again, the market for recyclable materials in August is mixed with the paper grades moving strongly higher, metals slightly higher and plastics lower. The decline in the plastic grades was modest which has allowed the overall yield value of ResMix to move significantly higher. The movement in price for the paper grades was… Read more »
Market Conditions July 2016
The market for recyclables materials in July is mixed with the paper grades moving higher and virtually all of the rigid grades (ALU, TIN, HDPE Natural, HDPE Color, Film and #3-#7 plastic) moving lower. The decline in the rigid grades has tempered the overall movement upward for the yield value of ResMix. Happily, when you… Read more »
Market Conditions June 2016
The market for recyclables materials in June is moving more or less sideways. The large move in plastic pricing we saw in May has stalled, paper pricing is mostly non-eventful and the metals are mixed. This sideways movement does correlate nicely with the past seasonal pattern of a move up in Spring followed by a… Read more »
Market Conditions May 2016
I am happy to report that the market for recyclable materials has again moved up over the past few weeks. This movement is a continuation of the seasonal trends of lower supply and higher demand during Spring as mills prepare for the harvest season and homeowners consume less until later in the year. This trend… Read more »