markets materials What is the WRAP MPR? The Materials Pricing Report (MPR) was introduced by WRAP in mid-2004 to improve the transparency of the markets for recyclable materials, and help recycling market participants such as councils, waste management companies, social economy businesses and reprocessors to achieve the best value for their materials in recycling markets. WRAP’s Materials Pricing Report started collecting news & PAMs prices since its inception at mid-2004. Also known as periodicals & magazines, it is one of the most traded recovered paper grades in the recycling industry. It normally consists of 100% post-consumer material, according to the Forest Stewardship Council’s standards (FSC STD 40.007). WRAP’s news & PAMs price refers to the price of grade no 1.08, mixed newspapers and magazines 1. It is listed in EN643, the European List of Standard Grades of Paper and Board for Recycling, under ‘ordinary grades’, and refers to a mixture of newspapers and magazines, containing a minimum of 50% newspapers, with or without glue. But there are more listed grades taken into consideration when referring to news & PAMs as a whole. As well as mixed newspapers and magazines 1, these are: mixed newspaper and magazines 2 and 3 (which both refer to a mixture of newspapers and magazines containing a The MPR offers a credible, independent and authoritative source of pricing information for recyclable materials. It contains pricing information based on actual transaction data and market commentary which includes market intelligence on the key factors and trends driving the market. minimum of 60% magazines or 60% newspapers with or without glue) and newspapers containing a maximum of 5% coloured advertisements. Prices for news & PAMs can vary regionally. The range can also vary depending on whether the product is traded in ex-works prices, baled or loose, supplied to a mill or merchant prices usually referring to exports. The grade is taken to UK or foreign mills via waste paper merchants where, in loose form, it is used for the manufacture of recycled newsprint. Important factors that can affect the prices of news & PAMs in the market are oversupply in mills and contamination. So presentation of this grade is of great importance to merchants. For UK exporters it is vital to make sure the material is free from contaminants but also that it is kept dry, sometimes a difficult task due to British weather conditions. Assurance of storage and transport conditions must be given to protect against contamination. how does it work? hundreds of subscribers share prices Hundreds of subscribers, from merchants to processors to local authority staff, have signed up to the MPR. Their details are kept on a database which MRW manages for WRAP. It indicates the individual’s professional position, the materials they buy or sell and their contact details. Subscribers’ names come up on a rotational basis and MRW researchers, on behalf of WRAP, call them in turn over a number of weeks. Every week, researchers record the prices reported to them and these produce a range for the individual grades. A sample of the latest report is shown on the previous page, but the more detailed information, including graphs to show price movements over time, is sent ONLY to subscribers every week. l Sign up by visiting: MRW.co.uk/WRAPprices The MPR currently includes these grades Paper (ex-works): News & PAMs (periodicals and magazines) OCC (old corrugated cardboard) Mixed paper and board Multigrade Over-issue news 44 11 October 2014 (OIN) Best white no.2 Plastic (ex-works): Clear PET Coloured PET Mixed polymer Natural HDPE Mixed HDPE LDPE 98/2 Ferrous metals (ex-works): Grade 0A Grade 4C Grade 7B Grade 10 Non-ferrous metals (ex-works): Copper dry bright wire Aluminium pure cuttings Lead batteries 18/8 stainless steel solids Metal cans (ex-works) Aluminium cans Steel: steel can/tin Mixed: aluminium and steel cans Glass: bottles/ containers (delivered): Clear Amber Green Mixed Textiles (ex-works): Banks Charity shop Note: Ex-works: direct from the supplier, excluding delivery costs,etc. Delivered: ex-works price including all charges up to the point of delivery, as specified either by a buyer or a seller. www.mrw.co.uk
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