The verified packaging recycling and export data for Q4 has been published on the National Packaging Waste Database (NPWD).
The final figures, which report on the amount of packaging waste recycled or exported between September and December 2017, confirm the expectation that most materials have met their annual targets.
Chris Taylor, Clarity Environmental’s Commercial Manager, said of the results: “Once again, the performance of plastic recycling was of particular concern for this period as a result of the Chinese import restrictions, and plastic packaging recovery note (PRN) prices have risen sharply through the year as a result. Although the Q4 figures were down a little from a surprisingly good performance in the previous quarter, plastic production has remained positive.
“Paper has been another cause for concern, with prices far higher than this time last year. Despite fears that it would fall short earlier in year, and PRN prices sitting far higher than this time in 2017, the grade saw a rise in Q4 and ended up with strong production, exceeding its obligation without carry forward.
“Wood has also significantly exceeded its obligation for 2017 and the grade continues to trade in good volumes, but the data suggests that wood could face difficulties in the year ahead. With its target set to almost double, prices have been increasing this year in anticipation of more challenging times.”
Clarity has been buying and selling packaging recovery notes (PRNs) since our business started in 2002. We are now one of the largest and most experienced open market traders of PRNs. To talk to our team about buying or selling any grade of packaging recovery note (PRN), contact us on 0845 129 7177.