European recycling markets reel from coronavirus

Author: Mark Victory, Senior Editor, ICIS Concerns over the long-term impact of the coronavirus outbreak on key European recycling markets sharply escalated last week following the adoption of further containment measures across the continent. Sources are particularly worried about limited volumes entering collection systems, logistic disruptions, potential downstream demand losses in non-packaging sectors, buyers abandoning […]

Electricity, carbon prices plummet as coronavirus wounds EU economy

Market participants pushed prices of electricity and emission certificates lower at the main exchanges in Europe while widespread shutdowns caused a decline in carbon and other greenhouse gases released by the industry because of restrictions aimed at slowing the spread of the coronavirus. Statistical data show a global recession is close as the pandemic crippled […]