CRP Market Development & Commodity Sales 1

Question 1

What document specifies the quality standards and contamination limits a recyclable commodity must meet before a broker or end-market will purchase it?

Accepted Answer

Material specification sheet

Answer

A material specification sheet (or end-market spec) outlines the grade, moisture content, and contaminant tolerances a commodity must meet for purchase.

Question 2

Which market factor most directly affects the price a MRF receives for sorted aluminum cans?

Accepted Answer

London Metal Exchange (LME) spot price

Answer

Aluminum scrap prices are closely tied to the London Metal Exchange spot price, which sets the global benchmark for aluminum trading.

Question 3

A recycling coordinator wants to develop a local end-market for food-grade recycled PET. Which certification is most important for a plastics reclamer to hold?

Accepted Answer

FDA Letter of Non-Objection (LNO)

Answer

An FDA Letter of Non-Objection confirms that a recycled PET process meets food-contact safety standards, enabling food-grade packaging use.

Question 4

What is 'contamination risk' in the context of recyclable commodity marketing?

Accepted Answer

The possibility that non-recyclable materials in a load reduce its market value or cause rejection

Answer

Contamination risk refers to the financial and market risk that prohibited materials mixed into a load will lower its grade, trigger deductions, or result in outright rejection.

Question 5

Which type of contract gives a MRF the most price stability for its outbound commodity stream?

Accepted Answer

Long-term fixed-price offtake agreement

Answer

A long-term fixed-price offtake agreement locks in a guaranteed price for a set period, shielding the MRF from commodity price swings.

CRP - Certified Recycling Professional Practice Test

CRP - Certified Recycling Professional Practice Test

CRP Market Development & Commodity Sales 1