Attached is your PO for deliveries of recyclables during October 2022. The value of recyclables plummeted again this month. This is the largest, two-month drop that we have ever seen. All grades of paper nosedived and drove down ResMix value. Last month, the biggest story in recycling was OCC. This month, OCC again cratered with… Read more »
SEPTEMBER 2022 Market Letter
Attached is your PO for deliveries of recyclables during September 2022. The value of recyclables plummeted this month. This is the largest, single month drop in recyclables that anyone at Pioneer can remember. The biggest story in recycling is OCC, with weakened demand causing tremendous domestic and export mill downtimes. Why is OCC demand dwindling?… Read more »
AUGUST 2022 MARKET LETTER
Attached is your PO for deliveries of recyclables during August 2022. The value of recyclables is again down significantly this month. All grades of paper, plastic, and metals dropped. Before discussing specific grades, it is appropriate to reflect on the general recycling market. While generation of recycled materials is down an estimated 10% compared to… Read more »
JULY 2022 MARKET LETTER
Attached is your PO for deliveries of recyclables during July 2022. The value of recyclables is down significantly this month. While fiber prices are up slightly, both plastics and metals dropped substantially. Recycled paper was up slightly this month. All Pacific Northwest (PNW) mills are pulling strong, creating a high demand for OCC and mixed… Read more »
JUNE 2022 MARKET LETTER
Attached is your PO for deliveries of recyclables during June 2022. The value of recyclables is down this month with fiber prices flat, plastics pricings down slightly, and metals pricing down significantly. Recyclable paper is flat this month. Despite one domestic mill being full of inventory and its production being slow, other mills are running… Read more »
MAY 2022 Market Letter
Attached is your PO for deliveries of recyclables during May 2022. The value of recyclables changed slightly this month with fiber prices flat, plastics pricings up slightly, and metals pricing down significantly. All paper grades are flat this month with a balance between inbound supply from consumers and outbound demand from the paper mills. Diesel… Read more »
APRIL 2022 Market Letter
Attached is your PO for deliveries of recyclables during April 2022. The value of recyclables did not change much this month with fiber pricing dropping slightly and with plastics and metals pricing rising slightly. As stated last month, we generally expect the market to improve during this time of the year with inbound supply decreasing… Read more »
March 2022 Market Letter
Attached is your PO for deliveries of recyclables during March 2022. The value of recyclables improved this month. This upward trend is driven by flat to increased pricing for all commodities. In general, we expect the market to improve during this time of the year with inbound supply decreasing and demand for recyclables remaining strong. … Read more »
February 2022 Market Letter
Attached is your PO for deliveries of recyclables during February 2022. The value of recyclables dropped slightly this month. The market is like a “tale of two cities.” What does that mean? While several commodity prices dropped significantly, these lower prices were partially offset by small increases or flat prices in other commodities. Let’s talk… Read more »
January 2022 Market Letter
Attached is your PO for deliveries of recyclables during January 2022. The value of recyclables again dropped significantly this month. Every paper and most plastic grades suffered large price decreases. There is no relief in sight for the port delays. The Port of Oakland and San Francisco have almost come to a complete stop. And,… Read more »