Prices recycling Market commentary and recycling prices as of 3 May 2024

Market commentary and recycling prices as of 3 May 2024

This week in the recycling market, there was a noticeable stabilization in prices after weeks of increases for many grades.

Plastics saw a slight gain due to the PRN/PERN value increase, while OCC prices crept up slightly. The paper and cardboard markets, along with metals, maintained good prices compared to recent times.

As the market settles, there is hope for more material availability in the coming weeks, especially with the anticipation of better weather in May.

Recycled plastics base prices remained consistent, with packaging grades experiencing a rise. The market is currently seeing relative stability in supply and demand, with underlying prices holding steady for the past couple of months.

Recycled paper demand is strongest in Europe, particularly driven by Germany. OCC prices saw a minimal increase, with mixed trading at varying rates depending on quality and origin.

In terms of recycled metals, copper, brass, and aluminum prices saw decreases, while ferrous grades remained stable.

Overall, the recycling market is in a period of stability, with prices holding steady and some slight fluctuations in certain grades. As the industry continues to navigate global market changes, recycling remains a key player in sustainable waste management practices.

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