Spring 2014 Markets Update. Phil Zigby, Chair MOC Committee. MWA Spring Workshop May 14, 2014. Marketing Trends Time To Defrost From Winter. Positives and negatives from the cold? Looking forward to the summer?. OCC Old Corrugated Cardboard. ONP Old Newspaper.
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Phil Zigby, Chair MOC Committee
MWA Spring Workshop May 14, 2014
Positives and negatives from the cold?
Looking forward to the summer?
OCC remains strong with a consistent demand.
Mill inventories have risen in Sept/Oct
No major price fluctuations expected
ONP pricing has been steady for months
Some shipping hiccups
Aggressive pushed over $0.23/lbs and in some cases climbing
Demand for PET driven almost entirely by North American markets
Weather forecast is a cooler summer, fewer beverages may be purchased
What goes up must come down. $800mt was the top, what will be the bottom
Winter causes havoc to supply
Processors in financial difficulties
Ontario Markets continue to accept mixed plastics. Pricing is increasing.
No municipality should be void of an option to divert mixed plastics
Tubs and lids rose to $300mt. Quality specs being monitored very closely. Pricing will continue its strong pace
Steel Cans, steady as she goes.
Pricing has not been below $250mt in over a year
Pricing increased entire 1st quarter. Broke the $1800mt levels. May have reached peak for the year.
Markets for prime grade aluminum are very restrictive and quality standards are being strictly adhered
Ontario glass market remains status quo
Nexcycle continues to work on its action plan, improving the process to accept more mixed broken glass
EPS has some homes, it will continue to be an expensive commodity to handle
MRF grade film options are low