A perfect storm of industry pressures, including declines in commodity prices and rises in freight costs, led a Canadian waste and recycling firm to shutter this week.
Some recovered commodities have experienced market fluctuations of late, but pricing for OCC and natural HDPE has remained flat.
Containers at a port in Jakarta, indonesia.
Import guidelines for scrap paper shipments to Indonesia have been revised and are less stringent than initially proposed, the country’s government announced last week. Still, the rules will mean additional inspections for paper traders.