Orange County NC Website
Does Recycling Have Value? <br />The MRF Side <br />• Commodity issue <br />— Processing costs at the MRF are static, while <br />commodity prices rise and fall <br />• Processing at Sonoco Raleigh approximately $60 /ton <br />• Weighted average price at $60 -70 /ton <br />• "Rebate" paid to OC is based on weighted average price <br />• Times when there is more money generated, times when less <br />— Global and local economies <br />• Recycled plastic can't compete with virgin resin when oil <br />prices are low <br />— Supply and demand <br />• When China buys, pricing improves <br />