Market Snapshot: December 2018

15th January 2019

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

Key points:
Recovered HDPE bottle prices have risen sharply during the fourth quarter. In contrast, PET bottle prices have seen much smaller increases. Mixed polymer bottles and LDPE 98:2 film have been most affected by import restrictions.
The main market development in recovered paper prices during the fourth quarter of 2018 was the decline in the price of OCC. Market anecdote suggests that the lack of guidance from China on 2019 demand was behind the decline in prices.