Over the past five years aluminum and PET prices have “ebbed and flowed” but have not changed appreciably, despite periodic spikes usually related to Asian market interest. This pricing pattern is set against a backdrop of increased tonnage collected due in part to improved program efficiencies and contrasted by declining recovery rates. In fact, aluminum can recovery is now below 50 per cent across North America while PET recovery is below 25 per cent.
A major factor behind these declining recovery rates is that aluminum and PET are more and more used by the beverage industry for the high growth “single-serve” segment. Single-serve beverages in aluminum and PET are being sold in convenience stores, gas stations and other locations often far from a blue box. Because recovery systems for single-serve items have not developed as quickly as others these materials are getting lost in the system.
Source: NAPCOR Final Report 2001, Container Recycling Institute, 2002 and The Price Sheet (CSR).
Note: Prices are in Canadian $ per metric tonne.
For more information, contact Damian Bassett at 416-594-3456, extension 229 or visit www.csr.org (the CSR Sheet is located under “Publications”).