PRN prices for glass surge as recycling targets may be missed

Glass packaging recycling notes are in short supply, the latest Environment Agency data show. Supply of steel and plastic PRNs may also be tightening

Reprocessing and exporting packaging recovery note (PRN) figures for the second quarter of 2012, released by the Environment Agency’s National Packaging Waste Database, show a shortfall in glass recycling.

The price of glass PRNs reached £35 per tonne after the initial figures were released on 23 July. The total glass recycled was 18% below the quarter’s requirements. With a shortfall also recorded in the first quarter, glass is now 122,586 tonnes short of where it should be at this time of year, according to the Environment Exchange, which runs a trading platform for PRNs.

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