Over the last month, all common grades of curbside fiber saw modest pricing gains. But plastic values were mostly flat, and PP dropped over 10%.
Over the last month, all common grades of curbside fiber saw modest pricing gains. But plastic values were mostly flat, and PP dropped over 10%.
Several factors are contributing to price increases within the wider aluminum market. | Darrenp / Shutterstock
A year ago, some aluminum end markets were slowing purchases of the material. But demand has steadily increased throughout 2021, bringing welcome pricing for the municipal recycling sector.
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As of August, OCC averaged $161 across the U.S., up from $57 a year earlier. | sxc839897 / Shutterstock
The value of a blended ton recyclables in the Northeast surged during the second quarter of this year, driven by price increases for many different materials.
The strong global containerboard demand suggests the U.S. recovered fiber market will continue to export OCC. | ja images / Shutterstock
Paper mills that use a lot of recovered fiber were forced to pay substantially more for OCC over the past few months, reflecting the global strength in corrugated packaging demand.
During the second quarter, Waste Connections’ recycling business brought in $41.5 million in revenue, up by 105% year over year. | Ralf Geithe / Shutterstock
Waste Connections recycling revenues more than doubled in the second quarter, driven by higher recovered material prices and volumes.
GFL is one of several major waste and recycling haulers that recently reported quarterly results.| Advantage Photography / Shutterstock
Markedly higher commodity prices continue to provide big year-over-year boosts in revenue for the largest publicly traded haulers in North America.
Sellers of recyclable materials have continued to enjoy strong markets, with virtually all grades of curbside fiber, plastics and metals seeing value boosts from June to July.
The Crossroads plans call for a 350,000-tons-per-year containerboard mill that uses 100% old corrugated containers (OCC) and mixed paper. | Pakorn Jarujittipun / Shutterstock
Crossroads Paper recently drew capital from an investment firm as it continues to develop a $320 million containerboard mill that would serve as a big buyer of recycled fiber in the western U.S.
Prices for curbside recyclables have surged across the board, with OCC and mixed paper values increasing sharply and natural HDPE crossing the $1 threshold for the first time.
Recovered fiber end users detailed the impacts of rising OCC prices in their quarterly reports. | BAO Images Bildaentur / Shutterstock
Major recovered paper end users anticipate paying more for feedstock as 2021 progresses, according to recent statements from company executives. Mill operators also shared updates on their recycled fiber capacity expansions.