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The recycling industry was hoping that the recycling commodity corrections would cease and that a stable commodity market would appear come early spring 2019. Sadly, it does not appear that this is the case, with further weakening of recycling commodity markets in both export and domestic markets. There have been several articles of South Asian countries potentially banning inbound material until the surplus quantities on the ground are processed. And China has as promised continued to reduce the volumes of recyclables purchased and imported.
In the last update of January 2019, we remarked that the changes and updates from the end market seemed quieter throughout fall of 2018. Although the updates and changes in end market specifications seems to have quieted down, it appears that the new year has brought a significant pricing decline to many of the commodities. Cardboard pricing has declined to the lowest pricing levels that we have seen in the 30 years.
Urban Impact’s Certificate of Diversion was designed to salute our customers’ efforts for being responsible in matters of consumption, waste recycling and environmental management.
The Certificate of Diversion outlines how much waste each customer has diverted from the landfill and provides each customer with documented proof of their efforts to reduce their environmental impact. Our customers have the satisfaction of knowing that their recycling efforts have made an impact.
