CRP Recycling Market Development & Commodity Markets 1

Question 1

Which factor most directly affects the market value of recovered paper commodities?

Accepted Answer

Fiber moisture content and contamination level

Answer

Recovered paper value is primarily driven by fiber quality, moisture content, and contamination levels that affect its usability in remanufacturing.

Question 2

What does the term 'end market' mean in recycling commodity trading?

Accepted Answer

A facility that purchases recovered materials for reuse or remanufacturing

Answer

An end market is any manufacturer or processor that purchases recovered recyclable materials and converts them into new products or raw feedstock.

Question 3

The term 'China Sword' refers to what major market disruption in recycling?

Accepted Answer

China's 2018 policy restricting imports of contaminated recyclables

Answer

China's National Sword policy in 2018 imposed strict contamination limits (0.5%) on imported recyclables, dramatically disrupting global recycling commodity markets.

Question 4

Which recyclable commodity is typically traded using the ISRI (Institute of Scrap Recycling Industries) specifications?

Accepted Answer

Scrap metals and ferrous materials

Answer

ISRI publishes standardized scrap specifications (Scrap Specifications Circular) used industry-wide for trading ferrous and non-ferrous scrap metals.

Question 5

What is 'market development' in the context of recycling programs?

Accepted Answer

Expanding the number of businesses that purchase and use recovered materials

Answer

Market development for recycling focuses on identifying, cultivating, and expanding buyers and end-users for recovered materials to ensure stable, profitable outlets.

CRP - Certified Recycling Professional Practice Test

CRP - Certified Recycling Professional Practice Test

CRP Recycling Market Development & Commodity Markets 1