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 »
December 2018 Market Letter
The market for recycled commodities has declined modestly for December. This results from a variety of factors including the normal seasonal drop in demand this time of year, the expiration of the few remaining import permits to China and the decision by Vietnam to stop all imports of MIX paper. Let me review each in… Read more »
November 2018 Market Letter
The market for recyclable commodities has declined slightly for November. While any decline is cause for concern, students of recyclable commodity pricing will note that pricing this Fall has held up much better than in previous years. We are seeing better than normal pricing for this time of year because of both the very strong… Read more »
October 2018 Market Letter
The market for recyclables has improved slightly for October which, cateris paribas, (all other things being equal) was not expected. The modest price improvement stems mostly from an increase in OCC pricing. Normally, this time of year we expect pricing to decline due to seasonal reductions in demand for containerboard rolls with the end of… Read more »
September 2018 Market Letter
The market for recyclables has declined modestly during September. Both paper and plastics pricing declined with the most significant drop in the plastics grades. We attribute this broad based decline in pricing to the normal seasonal changes in demand for paper and plastic products. For paper, most of the extra demand from the Harvest and… Read more »
August 2018 Market Letter
The value of Residential Mix has improved for August primarily due to a modest increase in paper pricing. Paper demand is very strong currently in the eastern half of our country and the Westcoast mills have responded to this. This improvement may be short lived as seasonal factors are likely to assert themselves soon. The… Read more »
July 2018 Market Letter
The market for most recyclables has held steady (plastics & metals) or moved modestly upward. (paper) The net impact has been an improvement in ResMix pricing for July. We believe the improving paper pricing is related to the impact of both seasonal demand and product substitution both of which we discussed last month. To review,… Read more »