The price for old corrugated containers (OCC) is trading for less than half its near-record value in 2017. Though prices have been stable for several months, Resource Recycling reports that a surplus in supply could prevent prices from climbing back up.
According to the report, there are two key hurdles—transportation costs and a lack of end markets—to overcome on multiple commodities throughout the recycling industry. Although OCC prices are down, other commodities are down much further.
Resource Recycling has more details:
OCC prices have remained stable for several months now, bringing some calm to what has been a wildly fluctuating market. But a supply glut may be preventing prices from climbing back up.
Although the price for domestic old corrugated containers (OCC) is currently trading for less than half its near-record value in 2017, given the current market challenges across all recyclable commodities, OCC remains a critical component of the stream.
“You get it, you can move it,” said Laurie Johnson, executive director of the Colorado Association for Recycling (CAFR).