Lower Oil Prices Have Little Impact on Recycling Market

GMS report finds recent geopolitical events have had more influence than commodity prices

Apr. 14, 2026 at 6:23pm

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An abstract geometric illustration using bold shapes and primary colors to conceptually represent the complex market forces influencing the recycling industry.Geopolitical tensions, not just commodity prices, shape the global recycling market according to industry analysts.Washington Today

According to the latest report from global recycling firm GMS, the most significant development in the recycling industry last week came not from changes in commodity prices, but rather from a decision made in Washington, D.C. The report explains that President Trump's move to delay planned strikes on Iranian energy infrastructure had a greater impact on the recycling market than the recent drop in oil prices.

Why it matters

The recycling industry is heavily influenced by global commodity prices, especially for materials like plastics and metals. While lower oil prices are often seen as a boon for recyclers, this report suggests that geopolitical factors can sometimes have an even greater influence on market dynamics.

The details

The GMS report states that despite the recent decline in oil prices, the recycling market has seen little change as a result. Instead, the report points to President Trump's decision to hold off on planned strikes against Iran as the most consequential development, as it eased tensions in the Middle East and reduced concerns about potential supply chain disruptions.

  • The GMS report covers events from Week 15 of 2026.
  • President Trump's decision to delay strikes on Iran was made during this time period.

The players

GMS

A global recycling firm that publishes industry reports and analysis.

President Trump

The former President of the United States whose decision-making on foreign policy issues had a significant impact on the recycling market.

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The takeaway

This report highlights how the recycling industry is influenced by a complex web of global factors, from commodity prices to geopolitical events. It suggests that recyclers need to stay attuned to a wide range of market signals, not just the traditional drivers like oil and metal costs.