Spring 2014Markets Update Phil Zigby, Chair MOC Committee MWA Spring Workshop May 14, 2014.
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Transcript of Spring 2014Markets Update Phil Zigby, Chair MOC Committee MWA Spring Workshop May 14, 2014.
Spring 2014Markets
Update
Spring 2014Markets
Update
Phil Zigby, Chair MOC Committee
MWA Spring Workshop May 14, 2014
Marketing TrendsTime To Defrost From Winter
Marketing TrendsTime To Defrost From Winter
Positives and negatives from the cold?
Looking forward to the summer?
OCC Old Corrugated CardboardOCC Old Corrugated Cardboard
•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
ONPOLD NEWSPAPER
PET Polyethylene terephalatePET Polyethylene terephalate
Aggressive pushed over $0.23/lbs and in some cases climbingDemand for PET driven almost entirely by North American marketsWeather forecast is a cooler summer, fewer beverages may be purchased
HDPE High Density Polyethylene HDPE High Density Polyethylene
What goes up must come down. $800mt was the top, what will be the bottomWinter causes havoc to supplyProcessors in financial difficulties
Mixed Plastics Tubs & Lids
Mixed Plastics Tubs & Lids
•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
Metals Steel & aluminumMetals Steel & aluminum
GlassGlass
Ontario glass market remains status quo Nexcycle continues to work on its action plan, improving the process to accept more mixed broken glass
Plastic Film & StyrofoamPlastic Film & Styrofoam
EPS has some homes, it will continue to be an expensive commodity to handleMRF grade film options are low
New market DevelopmentsNew market Developments
QuestionsQuestions
Phil ZigbyMWA Markets Operations Contracts
T: 519-822-1260 x 2056E: [email protected]
Phil ZigbyMWA Markets Operations Contracts
T: 519-822-1260 x 2056E: [email protected]