Phil Zigby, Chair MOC Committee Spring 2016 Markets Update Phil Zigby, Chair MOC Committee MWA Spring Workshop May 11,2016
Has the bleeding stopped? Avoiding the next crisis: Do you know your bale yield?
OCC Old Corrugated Cardboard ONPOld Newspaper OCC has been stable for the last 6 months with relatively good pricing Not expected to have any major changes through the summer ONP also stable Demand increase Feb-Apr Cross your fingers for a quiet summer
PET Polyethylene terephalate That was a painful winter Early spring rebound Why is it mostly Ontario?
HDPE High Density Polyethylene It’s time to run the rollercoaster again Quick rise in pricing Expected to end by the summer
Mixed Plastics Tubs & Lids Price increase over the last 12 months Better pricing also means more scrutiny Tubs and lids back up over $200mt. Strong demand to continue for the next 6 months
Metals Steel & aluminum Steel Cans pricing increases Mar to May Expect to drop over the summer. No increase in manufacturing demand Aluminum prices to soften over the summer Will drop below $.60/lb
Plastic Film, Styrofoam, Bulky Rigids Film pricing and demand stable Will the new regs lead to increased capture of the fringe materials?
Glass No market change over the last 6 months Waiting to see how the glass clean up systems will perform
Questions
Phil Zigby MWA Markets Operations Contracts T: 519-822-1260 x 2056 E: phil.zigby@guelph.ca