Wiping cloths prices stable in Europe says - Recycling International
25 Oct '05
3 min read
Despite the rising prices of raw material, it has become virtually impossible to achieve higher returns on these grades.
Prices of wiping cloths are stable, with supply and demand appearing to be broadly in balance. A similar situation applies to the recycling grades whereas bed feathers are continuing to enjoy very strong demand.
North America Business conditions in North America continue to be fairly strong partly because a considerable number of sorting companies have shut up shop over recent years and have left more opportunities for those that remain. Jerry Usatch of Dumont Export Corp in Pittsburgh adds that customers do not have as many options when shopping for material as in the past. If you have good-quality merchandise, it has become easier to sell these days. Prices of original material from collections increased some months ago and have been stable ever since.
Material generation has been good although supplies are not huge - a factor which has affected margins. One of the reasons behind the lack of supply has been the impact of hurricanes Katrina and Rita on collections in the Gulf Coast region of the USA.
Sales of sorted clothing from the USA are currently good. 'It's a matter of numbers,' Mr Usatch continues. 'Since there are not as many goods available, it's easier to sell what you've got and currently no company has huge stocks. There simply isn't enough unutilised capacity around.'
Recycling International reaches more than 6000 decision-makers within the international recycling community. Furthermore, research indicates that a further 12 000 people read the magazine when it arrives at their company offices, thereby pushing the total readership figure beyond 18 000.
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