Bill Moore at WasteExpo 2019.
North America’s residential mixed-paper prices are deep in the negative numbers in some areas. That pain will likely persist for some time, one analyst predicts.
Bill Moore at WasteExpo 2019.
North America’s residential mixed-paper prices are deep in the negative numbers in some areas. That pain will likely persist for some time, one analyst predicts.
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.
OCC prices have experienced a slight uptick lately, but mixed paper remains at rock-bottom values. Meanwhile, recovered PET and natural HDPE markets remain stronger.
The price for OCC declined by nearly 13% over the past month. Other fiber grades also fell.
Recycling operators across the country two years ago were enjoying record high values for old corrugated containers. Now, they are either storing the material, unloading it at little profit or sending loads to disposal.
Nestlé Waters North America is betting that it can connect with consumers over the long term by using high levels of recovered material.
A division of Republic Services recently brought legal action against a public authority, claiming it is handling loads far dirtier than what the two sides agreed to in a contract.
In the wake of recent trade announcements from the U.S. and China, recycled paper pulp shipped to China will face additional levies and a North American equipment supplier has predicted major fallout from increased costs.
U.S. recovered paper and plastic exports each grew slightly in April, hitting their largest monthly volumes so far in 2019.