Welcome to WEEE News!
This page will be updated monthly.We will include the Monthly Web Promotion, relevant news relating to developments in WEEE and in WEEE Recycle! If you have any views on what you would like to be informed on please let us know by contacting WEEE Recycle
Monthly Web Promotion
December 2010: Free Confidential Data Carrier Destruction
Get Free data destruction of Hard Drives with any collection confirmed for December 2010. (Saving of €1.50 per unit)
Please quote promotional code: Red Herring
Terms & Conditions apply, please contact WEEE Recycle
20-11-2008 Materials moving as prices show some signs of stability
Signs of stability are beginning to be seen in the recovered material markets after the recent falls in market prices but industry experts have warned there is still "a long way to go" before a return to normal market conditions, writes Chris Sloley.
Local authorities and members of the steel, paper and plastic communities, which had been some of the most severely hit in last month's market decline, told letsrecycle.com this week that material is moving and prices are showing no further deteriorations.
People are still making orders but prices are extremely low and the buyers are taking advantage of a stagnant situation. However, prices still appear to be extremely low with only minimal trading on the export market, with overseas buyers using up their own stock before placing more orders. In addition, mixed grades of material, most noticeably in plastic, are said to be proving hard to trade.
Paper
One paper recycling expert told letsrecycle.com that he believed that the price for recovered paper had now bottomed out and, although the prices being paid in the summer would not be revived, orders were being placed, which is an improvement on the situation of three weeks ago.
Steel
Steel is said to be showing the first tentative signs of recovery, with one operator telling letsrecycle.com that there had been something of an upturn in the recovered steel price, with a £10 to £20 rise on each tonne paid for material by the shredding sector. However, he added that it was still very early days and everyone was waiting to see whether it could be sustained.
Plastics
Members of the plastic recycling industry also claimed that there had been some early signs of stability returning to the market following the volatility that dogged the sector over the past few weeks (see letsrecycle.com story).
Another reprocessor specialising in bottles, told letsrecycle.com that there had been signs of the market improving on the continent and this could spread to the UK market. Trading is harder work than it was two or three months ago but it is nowhere near as hard as two or three years ago. He said: "I wouldn't be surprised if it was showing signs of improving, as in Germany the price for PET is firming up, and I got a bit of feedback from a colleague in France and he said already they are noticing that whatever the silly prices for PET were they are now a little bit more." However, the majority of companies were eager to get past the traditionally hard times of Christmas and the Chinese New Year (January 28), and hoped to see clearer signs of recovery in the sector around March.
For previous articles see the WEEE Recycle News Archive
If you would like more information on WEEE News contact WEEE Recycle
This page will be updated monthly.We will include the Monthly Web Promotion, relevant news relating to developments in WEEE and in WEEE Recycle! If you have any views on what you would like to be informed on please let us know by contacting WEEE Recycle
Monthly Web Promotion
December 2010: Free Confidential Data Carrier Destruction
Get Free data destruction of Hard Drives with any collection confirmed for December 2010. (Saving of €1.50 per unit)
Please quote promotional code: Red Herring
Terms & Conditions apply, please contact WEEE Recycle
20-11-2008 Materials moving as prices show some signs of stability
Signs of stability are beginning to be seen in the recovered material markets after the recent falls in market prices but industry experts have warned there is still "a long way to go" before a return to normal market conditions, writes Chris Sloley.
Local authorities and members of the steel, paper and plastic communities, which had been some of the most severely hit in last month's market decline, told letsrecycle.com this week that material is moving and prices are showing no further deteriorations.
People are still making orders but prices are extremely low and the buyers are taking advantage of a stagnant situation. However, prices still appear to be extremely low with only minimal trading on the export market, with overseas buyers using up their own stock before placing more orders. In addition, mixed grades of material, most noticeably in plastic, are said to be proving hard to trade.
Paper
One paper recycling expert told letsrecycle.com that he believed that the price for recovered paper had now bottomed out and, although the prices being paid in the summer would not be revived, orders were being placed, which is an improvement on the situation of three weeks ago.
Steel
Steel is said to be showing the first tentative signs of recovery, with one operator telling letsrecycle.com that there had been something of an upturn in the recovered steel price, with a £10 to £20 rise on each tonne paid for material by the shredding sector. However, he added that it was still very early days and everyone was waiting to see whether it could be sustained.
Plastics
Members of the plastic recycling industry also claimed that there had been some early signs of stability returning to the market following the volatility that dogged the sector over the past few weeks (see letsrecycle.com story).
Another reprocessor specialising in bottles, told letsrecycle.com that there had been signs of the market improving on the continent and this could spread to the UK market. Trading is harder work than it was two or three months ago but it is nowhere near as hard as two or three years ago. He said: "I wouldn't be surprised if it was showing signs of improving, as in Germany the price for PET is firming up, and I got a bit of feedback from a colleague in France and he said already they are noticing that whatever the silly prices for PET were they are now a little bit more." However, the majority of companies were eager to get past the traditionally hard times of Christmas and the Chinese New Year (January 28), and hoped to see clearer signs of recovery in the sector around March.
For previous articles see the WEEE Recycle News Archive
If you would like more information on WEEE News contact WEEE Recycle