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Shred price forecast?

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wayne1956 Shred price forecast? 01-30-2015, 07:33 AM
mikeinreco $7/100 here lowest in 5 years... 01-30-2015, 08:01 AM
KzScrapper I have heard that it could be... 01-30-2015, 08:04 AM
ccantu You could say the US is... 02-01-2015, 09:16 AM
BRASSCATCHER But the Saudis have increased... 02-01-2015, 09:35 AM
BRASSCATCHER The Senate passed the... 02-01-2015, 09:29 AM
EcoSafe The current down turn in... 02-01-2015, 01:37 PM
Patriot76 This is only one persons... 02-01-2015, 02:26 PM
ccantu Oil and gas represents 10% of... 02-02-2015, 07:27 PM
DakotaRog Nice analogy :lol:!! 02-01-2015, 02:34 PM
BRASSCATCHER I agree with most of what you... 02-01-2015, 02:35 PM
Patriot76 I agree with your thoughts... 02-01-2015, 03:17 PM
BRASSCATCHER Well if you pass through my... 02-01-2015, 06:42 PM
armygreywolf Talked to my grandfather... 02-01-2015, 10:37 PM
travistemple202020 I love this time it separates... 02-02-2015, 10:08 AM
hobo finds My shred is now $65 per net... 02-02-2015, 02:12 PM
armygreywolf Receipt for last dumpster was... 02-02-2015, 03:04 PM
PistoneScrapProcessing Patriot the correlation... 02-02-2015, 05:45 PM
Patriot76 Thank you for the insight. ... 02-04-2015, 02:59 PM
bigburtchino If I flush, do I still have... 02-04-2015, 03:19 PM
Patriot76 Not around here unless you... 02-04-2015, 03:32 PM
KzScrapper Sounds like street price is... 02-02-2015, 06:06 PM
1956 Well this business we are in... 02-02-2015, 07:22 PM
Pnutfarmer One good thing for me is that... 02-02-2015, 08:15 PM
PistoneScrapProcessing Patriot to expand more on my... 02-04-2015, 08:02 PM
hobo finds Down to $30.00 net ton for... 02-05-2015, 08:43 AM
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    wayne1956 started this thread.
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    Shred price forecast?

    As most of us know the dominant volume of our scrapping and income received from scrapping comes from shred (not including e-scrap). I did some searching on the internet and could not find any definitive forecast for 2015 for shred prices. Prices at my yard are down to $115 from a high of $220 a few months ago. It seems the main driver for the fall in prices is the fall in oil (and subsequently fuel) prices. Saudi Arabia is the main instigator of the fall in fuel prices, as they did not want to lose their market share, especially to the US. It seems Saudi Arabia cannot continue this forever, as it would seem to hurt their income (and economy). Has anyone seen anything that has any forecast in 2015 for shred prices?


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