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Oct 2019 Market Letter

Oct 2019 Market Letter

Attached is your PO for deliveries of ResMix for the month of October 2019. The market for residential recyclables has basically moved sideways from September.  This modest price movement is the result of small declines in paper pricing, most plastics and metals commensurate with the normal seasonal decline in demand during this time of year. … Read more »

September 2019 Market Letter

Attached is your PO for deliveries of ResMix for the month of September 2019. The market for recyclables has movedslightly lower this month primarily due to the reversal of the increased pricing for OCC that we saw last month.  The reversal is attributable to both reduced purchasing of super clean OCC by Chinese buyers and… Read more »

August 2019 Market Letter

Attached is your PO for deliveries of ResMix for the month of July 2019. The market for recyclables haschanged little over the past month primarily due to stronger pricing for OCC which was enough to offset declines in some of the metal and plastics.  The improvement in OCC is attributable to the Chinese reentering the… Read more »

July 2019 Market Letter

Attached is your PO for deliveries of ResMix for the month of July 2019. The market for recyclables has, overall, moved very little in the past month.  Both OCC and MIX pricing remain at 25 year lows.  Plastic pricing is soft due to increasing pressure from virgin plastic pellets which are benefiting from much lower… Read more »

June 2019 Market Letter

Attached is your PO for deliveries of ResMix to Pioneer during the month of June 2019. The market for recyclables has drifted sideways for June.  Of course, the “story behind the story” is much more complex than that simple conclusion.  Please let me explain. To begin, we did see a slight improvement in pricing for… Read more »

May 2019 Market Letter

Attached is your PO for deliveries of ResMix to Pioneer during the month of May 2019. The market for recyclables has moved modestly lower in May.  The downward price pressure occurred in both OCC and HDPE.  The other grades we sort from ResMix were mostly stable in price. The root cause of the downward pressure… Read more »

April 2019 Market Letter

Attached is your PO for deliveries of ResMix to Pioneer during the month of April 2019.The market for recyclables has continued to decline during April. This results from lower pricing for both MIX and OCC paper which represent 75% of the total ResMix yield. The decline in pricing is especially significant as we would normally… Read more »

March 2019 Market Letter

In the short term, the market for recyclables has moved modestly lower.  This modest reduction in value is a combination of the predictableseasonal variations for the paper grades and what we hope are temporary disruptions in the HDPE market.  Let me briefly describe each impact in more detail. With regards to paper, the seasonal factors… Read more »

February 2019 Market Letter

The market for recyclables has continued to move lower in February.  This results from the precipitous decline in demand from Chinese buyers….Stop!!  — Somehow the normal “economist speak” just doesn’t do justice to the current state of the market for recyclables.  A better way to describe the current situation is something like “The market for… Read more »

January 2019 Market Letter

The market for recycled commodities has declined significantly for January.  This results from a continuation of a ban on new shipments to Vietnam and the normal decline in seasonal demand we experience every year at this time both of which were highlighted in our comments last month.  Let me briefly review each of these factors…. Read more »

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