Glass
Glass bottle has dropped down due to a fall in the PRN. MRF glass (remelt) is stable. Demand for glass has been notably stronger in the past few months, possibly due to the higher associated energy costs associated with virgin cullet. However, there are no signs that this demand will be long-term and it may start to reduce if a peace deal is made (and held) in the Middle East.
View our more detailed glass price index here.
Metals
The metals market has started to stabilise this month following the price increases seen over the last few months, with some grades now beginning to soften. Aluminium cans in particular have seen a slight drop. This change has been influenced by a fall in the London Metal Exchange (LME) between May and June which has tempered the upward momentum seen earlier in the year.
View our more detailed metal price index here.
Organics
The organics market has continued react following the introduction of household food waste collections under Simpler Recycling in March, with volumes now becoming more established and predictable. As collections bed in, the full impact on the market is becoming clearer, giving operators a better understanding of feedstock availability and capacity requirements.
Anaerobic digestion gate fees have continued to rise as more sites begin to reach capacity. Increased tonnages entering the market have put additional pressure on infrastructure. This tightening in capacity has also led to contract prices being renegotiated, as operators respond to changing market conditions.
View our more detailed organics price index here.
Plastics
Plastics prices have strengthened further this month, with good demand for material. The price increase has been attributed to the rising PRN providing valuable price support, alongside higher seasonal demand for grades such as natural PET. However, with polymer prices starting to come down, it is anticipated that the prices may have peaked and could start to fall next month.
View our more detailed plastics price index here.
Textiles
The second-hand textiles sector continues to be squeezed by low quality material, dwindling demand from end markets and the effects of numerous geopolitical tensions.
So far this pressure had mostly been effecting HWRCs and kerbside textile banks, but this month a large portion of the industry announced it would start reducing the price it was willing to pay for charity shop collections and textile banks. Some have reportedly dropped their prices by as much as 40%.
View our more detailed textiles price index here.
Wood
The wood market has remained challenging this month, with an abundance of waste wood in circulation and some sites beginning to restrict incoming volumes as a result. Seasonal factors are also playing a role, as this time of year typically sees planned downtime at a number of end-use facilities, reducing demand for material compared with other periods.
Recycling sites are currently operating with high stock levels and, in many cases, have limited remaining capacity. This has further reduced appetite for additional waste wood feedstock, creating a more difficult market for suppliers looking to move material.
As a result of these capacity constraints and softer demand, disposal costs have continued to rise, with suppliers increasingly having to pay more to place wood material. Unless demand improves or stock levels begin to reduce, the market is likely to remain under pressure in the short term.
View our more detailed wood price index here.
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