News

t2e Comments on the Interim Q3 Data

26 October 2020


A comment from Head of Trading, Tom Rickerby

“The release of the Q3 PRN supply data has provided further evidence of the resilience of the UK recycling sector in the face of the ongoing Covid-19 crisis. Steel, Aluminium and Plastic continue to show consistently strong returns, whilst Paper, Wood and Glass have rebounded to pre-Covid-19 levels following a contraction during Q2’s national lockdown. Despite the economic uncertainty and the threat of further regional lockdowns, compliance with 2020 recycling targets now looks comfortable and the universal collapse in PRN values reflects this.”

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