The steady, steep year-long runup in recyclables prices came to an end during the fourth quarter of 2021, according to results of a survey of MRFs.
The report, recently released by the Northeast Recycling Council (NERC) showed that the average value of a ton of recyclables was $162.27 during the fourth quarter, down 8% from the third quarter. Still, the price was up 201% year over year.
The above prices are the blended value for a ton of recyclables including the negative value of residuals, which are disposed of. Not counting the cost of residuals, the average price in the fourth quarter of 2021 was $171.52, down 7% from the third quarter but up 184% from the fourth quarter of 2020.
The quarterly NERC survey also looks at MRFs’ costs to sort and sell recovered commodities. During the fourth quarter, processing costs averaged $86 a ton. That was down 8% from the third quarter and up 8% year over year.
For the latest survey, which was the 11th NERC has conducted, 12 MRFs in seven northeastern states participated, including single-stream, dual-stream and source-separated facilities.
More stories about markets
- Greif forecasts average $48-per-ton OCC cost this year
- OCC and mixed paper prices jump this month
- Plastic reclaimers grapple with ‘rock bottom’ pricing