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You may have heard the phrase “commodity brokerage” or “material brokerage” before, but from the name alone it isn’t always clear what is involved. At Brown Recycling, we provide professional commodity brokerage, so we’re ideally placed to fill you in with more details.
Commodity brokerage is a system whereby companies with small amounts of waste can sell their bales to a commodity broker. The broker can then use multiple smaller amounts of a particular waste to be able to sell on the material in bulk.
The material itself can differ, from paper and cardboard to plastics. Accepting delivery of the bales of each particular kind of material, a broker can then collate the smaller amounts together to be sold on as a useful amount. The price the recycler gets for the commodity can help to finance their operations and keep recycling facilities operational.
The alternative to this involves the producer of the recyclable commodities scouting out the sale of their baled goods. This is a complicated process and could end up taking up more of their own time and resources, resulting in a loss rather than a gain.
As mentioned above, the alternative to using a broker is to take the process on yourself – not something which can be easily done in a way that is profitable. There are, however, other benefits to using a broker to move on your recyclables.
Navigating the national and international markets is something a larger broker can do, while a smaller company simply may not have the contacts and resources required for such operations. Clearly, when seeking the best deal for recyclables, you want to have the best reach possible too, and knowing the most suitable buyers is going to be half the battle in fetching the best price.
Another reason a company may use a broker is because they simply have to. Smaller companies may not even get to put themselves in front of a buyer because of how small their operations and quantities are. A large company may not want to deal in such small quantities and therefore force the hand of the commodity seller. Using a broker avoids the confusion and ensures a company can sell their recyclables.
It’s all about striking a good deal for the party looking to sell their recyclable commodity. There is security in using a broker because you will know what price you can expect, rather than trying to sell directly and finding that the market price fluctuations confound the process.
What’s more, you won’t have to acquire the necessary licenses for dealing with your commodity – another time and money consuming chore for smaller companies.
Tailoring commodity brokerage to your waste type, you can rely on Brown Recycling to provide a cost-effective brokerage service. We us all our experience and industry knowledge you get you the best price for your material.
Whether you have plastics, paper or cardboard bales, we buy and sell from UK businesses and take the hassle off your hands.
Get in touch today if you’d like to learn more about commodity brokerage from Brown Recycling and our team will be happy to advise you.
You can ask us a question online using our contact form. Simply provide your name, email (purely for confirmation purposes) and the details of your enquiry, and we’ll get back to you as soon as possible.
“We are hugely grateful to Brown Recycling for their help on DIY SOS: The Big Build in Stoke. Dave and the team went above and beyond to clear the site and then bring in other suppliers who also supported this great cause. Thanks to the generosity of countless suppliers and volunteers, Stoke now has a community centre that will support its residents for many years to come.”
Excellent service on a recent Hazardous waste removal from one of our sites. Paddy and Stacey wasted no time in arranging for our waste to be removed in surprisingly quick turnaround. 10/10...
1 week agoHired a skip to clear a huge pile of garden waste. Arrived on time, picked up bang on time, dead easy to book and pay. Courteous, helpful drivers. Job done! just as it should be, without drama. Highly...
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2 months agoReally efficient service, competitive price and they dropped off skip exactly where we asked them to. Easy to book a skip over the weekend using their online booking system. Very helpful when we nee...
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10 months agoWe had a visit today from Mark and Andy dropping off our new waste bin. I would just like to acknowledge their outstanding customer service. They disposed of the built up waste that we had gathered si...
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1 year agoNew to sorting a bin service for our new business. Christie and Brown Recyling has been great with helping us select the right type of bin required as well as not overspending for the sake of it. He...
1 year agoSuper easy to set up a long term skip hire, Christie made things nice and clear and the prices were good too! everything was ready to go really quick, highly recommend Browns...
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