Phil Zigby, Chair MOC Committee Spring 2019 Markets Update Phil Zigby, Chair MOC Committee MWA Spring Workshop May 29, 2019
Do you know where you material goes Be prepared for increased scrutiny Commodity Demands Do you know where you material goes Be prepared for increased scrutiny Tariffs on metals lifted
OCC Old Corrugated Cardboard ONPOld Newspaper OCC pricing continues to plummet. $70mt and below Mill inventory is very high with a reduced demand for finished products Conditions not expected to change until the fall ONP continues to be a concern. Product is moving but how much Secondary processed tonnage is increasing
PET Polyethylene terephthalate Continued strong run from the fall Pricing above $0.20/lbs Strong US demand
HDPE High Density Polyethylene Pricing in decline all summer Improvements expected in the new year
Mixed Plastics Tubs & Lids Tubs and Lids are moving well. Pricing is steady over $200mt Mixed plastics still continues to have its challenges. How much is really getting captured and recycled is still a question
Metals Steel & aluminum What does it mean with tariffs lifted Mills are full and orders for steel are very low We are in a down market Aluminum pricing expected to stay low longer than expected
Currently very few issues and materials continue to be marketed Glass Currently very few issues and materials continue to be marketed
Pricing has been very low Stability in the market required Polycoat Pricing has been very low Stability in the market required
Plastic Film, Other Plastics Plastic film ban, more communities are having that discussion What are the repercussions of recent news reports
Markets, Operations and Contracts (MOC) Committee update Phil Zigby, City of Guelph MOC Committee Chair Laurie Benjamin, OVWRC Vice-chair MWA Spring Workshop May 2019
MWA Spring Workshop May 2019 Meetings held: 2018 May 9, Hamilton October 4, Belleville 2019 March 28, Guelph Next: Toronto, June 2019 Cambridge, September 2019 MWA Spring Workshop May 2019
Questions
Phil Zigby MWA Markets Operations Contracts T: 519-822-1260 x 2056 E: phil.zigby@guelph.ca