Market Snapshot: June 2016

11th January 2017

WRAP's Market Snapshot provides an overview of recent developments in recovered material markets and is updated on a regular basis.

Key points:
Recovered plastic prices have been supported by the rebound in oil prices since the start of 2016 and more recently, strength in cotton prices
Recovered aluminium can prices rose by around one-quarter during Q2-2016, supported by higher virgin aluminium prices

Overview

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Paper

News & PAM and OCC prices have been broadly stable during Q2-2016 at £75-£80 per tonne. Mixed paper and board prices are up around £10 per tonne to just under £60 per tonne. The price of Over Issue News (OIN) has seen the strongest increase of all the recovered papers over this period, rising by 20% to £105 per tonne in June.

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Plastics

Recovered plastic bottle prices rose sharply during Q2-2016, supported by the rebound in oil prices and recent strength in the price of cotton. Most plastic bottle grade prices have since returned to levels near mid-2015 levels.

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Glass

Mixed cullet prices increased from a gate fee of almost £10 per tonne in March 2016 to a positive value of £10 per tonne in June. Clear, amber and green cullet prices are broadly stable.

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Textiles

Recovered textiles sourced from banks are valued at around £240 per tonne while charity shop textiles (the value that a charity receives for charity shop clothing sold to merchants that collect the garments from the shop) are valued at around £235 per tonne.

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Aluminium and steel

Recovered aluminium can prices jumped by one-quarter between March and June 2016, rising by £140 per tonne to over £700 per tonne. Despite the recent increase, prices are around 14% below year earlier levels.

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