The RecycleNet Composite Index was establish as a tool to track market trends for
recyclable commodities. The index consists of a weighted basket of recyclable
commodities that includes benchmark grades of
scrap metals, waste paper, scrap glass and recycled plastic.
On July 1 2009, The Secondary Commodity Composite Index
was launched in an effort to provide a more compehensive view of market trends by tracking
eleven distinct industry sectors.
The RecycleNet Composite Index is updated each day before noon EST
and displays a snapshot of 5 viewpoints of current market trends
(a view over the past 7 days, 30 days, 90 days 1 year & 2 years).
The Index tracks 7 days per week although transaction activity on the weekends is
typically lighter and it may not be uncommon to see no change reflected in the index.
Information contained in the The RecycleNet Composite Index is
generated from internal proprietary data and may not reflect
external markets or transactions.
The RecycleNet Composite Index is derived from current spot market prices from
The Recycler's Exchange.
If you wish to buy or sell scrap materials please submit your inquiries to the exchange.