Phil Zigby, Chair MOC Committee Fall 2017 Markets Update Phil Zigby, Chair MOC Committee MWA Fall Workshop Oct 18, 2017

The National Sword Impact Deepens More than just export causing market disruptions Taking a look at short term fixes and long term solutions

OCC Old Corrugated Cardboard ONPOld Newspaper OCC pricing has been beyond any expectations. Not immune to the effects of the export conditions Product movement is slowing as will price ONP is at a real crunch. Make sure it is in a condition to be sold You may be paying someone to take your paper

PET Polyethylene terephthalate Use of local markets have been essential Inventories are high with the end of summer and reduced demand of end markets Price will continue to drop over the next months

HDPE High Density Polyethylene Steady decline in pricing since the spring Slight bump up recently due to the weather events Expected drop in the new year

Mixed Plastics Tubs & Lids Will the material be moved? Check your quality, more important than ever Do not get hung up on the price

Metals Steel & aluminum Steel Cans pricing steadily slipping and will continue Potential perfect storm brewing: Export, NAFTA, CDN$ Aluminum inventories are very high Prebook all your MRF prime loads now for year end Secondary aluminum markets are not buying until 2018

No news is good news Are there markets potentially expanding? Glass No news is good news Are there markets potentially expanding?

Polycoat Finally experiencing some relief for movement Still not out of the woods Pricing will remain low

Plastic Film, Other Plastics Still difficult to manage Monitor closely the priority placed with the ammended BBP

Questions

Phil Zigby MWA Markets Operations Contracts T: 519-822-1260 x 2056 E: phil.zigby@guelph.ca