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| Member Area Login | |
RECOUP t: + 44 (0) 1733 390021 e: enquiry@recoup.org Registered Office: RECycling Of Used Plastics Ltd Tower House Lucy Tower Street Lincoln LN1 1XW Co Reg: 2435729 VAT Reg No: 546 5837 10 Reg Charity No: 1072029 Registered environment body Number: 722037 |
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| Current Issues > News & Comments > Read news | ||
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| Plastics market update | ||
| Main News Page >> | ||
| Published: 5/01/2009 | ||
As the year draws to a close, there has been only a slight improvement in the export market for used mixed baled plastics. Sharp falls in the value of virgin polymers and reduced demand from overseas markets knocked down prices in the autumn which had been high during the summer. Even higher quality materials, baled by polymer type, saw their value fall to around a third of their summer rate by November. The prices have now started to stabilise generally, and end markets are still available for good quality materials, however the general consensus from the industry is that the markets are unlikely to start recovering until at least Q2 2009. Recoup’s subsidiary arm Recoup Services Limited (RSL) trades within the plastics recycling industry. They can offer secure markets, excellent sustainable rates and a reliable service for recycling your plastics packaging waste. If they are not already doing so, RSL can help you manage your plastics packaging recycling. To find out more about RSL’s services, visit www.recoupservicesltd.com or call 01733 390021 and ask to speak to Alison Rutterford . | ||
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