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.
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Spring 2014Markets
Update
Spring 2014Markets
Update
Phil Zigby, Chair MOC Committee
MWA Spring Workshop May 14, 2014
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Marketing TrendsTime To Defrost From Winter
Marketing TrendsTime To Defrost From Winter
Positives and negatives from the cold?
Looking forward to the summer?
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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
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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
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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
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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
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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
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GlassGlass
Ontario glass market remains status quo Nexcycle continues to work on its action plan, improving the process to accept more mixed broken glass
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Plastic Film & StyrofoamPlastic Film & Styrofoam
EPS has some homes, it will continue to be an expensive commodity to handleMRF grade film options are low
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New market DevelopmentsNew market Developments
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QuestionsQuestions
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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]