Interesting piece in the Boston Globe today on how demand for recycled materials has dwindled in light of the economy, forcing the Welelsley RDF and other local recycling outfits to store materials until demand picks up. From the story:
Wellesley is storing nine truckloads, or 216 tons, of cardboard. Martin held onto the cardboard for months as he watched prices go steadily down. Then in October, the bottom fell out. He said what would have sold for $19,440 in October was worth only $2,160 last month, a drop of approximately 89 percent.
“We all knew that recycling markets were going to get a hit,” he said. “What was surprising was how drastic it was in a 30-day period.”