26 April 2021
A comment from Head of Trading, Tom Rickerby
General market sentiment suggests a difficult start to the year for the recycling sector. Lockdown has continued to disrupt supply and demand for secondary commodities both in domestic and international markets. Whilst waste exports have been hampered by Brexit, regulatory change and restrictions and ongoing challenges in shipping. However, the release of the Q1 PRN data suggests it’s not all doom and gloom with strong supply across the majority of materials giving cause for optimism, despite demand (which could be significantly impacted by covid) not being released until 14th May.