Market Snapshot: July 2019

12th July 2019

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

Key points:
The key story in recovered plastic markets during the second quarter of 2019 is a 26% increase in recovered LDPE prices; supported by a spike in plastic PRN prices.
HDPE bottle prices remained stable during Q2 2019 near £500 per tonne, while clear PET bottle prices increased by around 11% to £190 per tonne.
Mixed paper and board and OCC prices fell by around 10%-20% during the second quarter of the year. A slowdown in global manufacturing activity may be behind the recent fall.
Recovered aluminium can prices have declined by around 15% since late 2018, also on weaker growth fears. Unlike aluminium, steel can prices have been broadly stable. Supply side problems in iron ore – a key component in steel production – mean steel can