This guest blog is provided by Michael Alexander, Recycle Away Systems & Solutions.
Markets, markets, markets," the recycling buzzword for the 1990s, has become all too familiar to those responsible for moving materials through the recycling process. Why are markets so vital to the success of recycling? How do they behave under the current recycling fervor? What forces lie behind their development?
Traditionally, a market is created when the available supply of a product is matched by a corresponding demand. Usually, supply and demand follow each other closely, as markets evolve over time. In the rush to recycle, however, the demand for recyclable material has not always kept pace with burgeoning supplies. While state and local governments have proved effective in implementing programs to recover materials, they have had less success in finding markets for them.
Several factors contribute to this problem. The lag time between the availability of large quantities…