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Why has the price for recycling newspaper gone down so dramatically?
The price here in California for newspaper has gone from $105.00 a ton to $15.00 a ton in a very short time. I know the economy is bad but wow!
We collect newspaper at our mobilehome park to make money to put on events for the residents. But all of a sudden they have dropped the price over 80%. We spend more money on gas than we get for the newspaper.
I can live without the money for the park, but I am more concerned with people not recycling anymore. Anybody know why it has gone down so much and if it will go up again in the future?
2 Answers
- winterrulesLv 71 decade agoFavorite Answer
When an economy falters the demand for almost all products goes down. Newspaper is recycled into new paper, insulation, packaging materials. When demand for these things drops, so does the demand for the raw materials. When demand drops, so does the price.
- Anonymous1 decade ago
All recycling markets dropped, usually correlated with oil pricing. I would suggest you find some other items to recycle to make the difference. Cardboard, plastic, etc...