MARKET UPDATE

Cardboard

The steady rise in cardboard prices over the past few months has now come to an end with prices falling as much as £30 per tonne over the past few days. Demand will continue to soften over the next few months with a corresponding reduction in price. Main reason is that China has ample feed stock of recyclable material  and sufficient manufactured cardboard product but unfortunately product manufacturers do not have sufficient demand from the West for their products. The demand for Chinese manufactured product will continue to be subdued over the next few months.

Steel

Stable demand for recyclable material over the past few months looks likely to continue over the next few months. Prices look set to remain at a constant level.

Aluminium
Following the pattern of steel.

Plastic

Looks to be entering a difficult time with suppressed demand from China for recyclable materials. This has been reflected in significant price reductions as well as no demand for some grades of low quality construction and demolition material.

Bottles have experienced one of their largest drops in price for 12 months with little appetite for the abundance of material available. The next few months will see this decline continue.

Still reasonable demand for good quality HD bottles from UK markets but they will not be able to pick up the quantity of material available.

 
Looking forward to the Summer the World Cup will see a significant increase in steel, aluminium and plastic bottle consumption as people stay at home to watch England progress. Additionally purchases from supermarkets will generate large quantities of cardboard.
Generation of these additional tonnages, combined with soft demand will reduce prices.