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processors in the state. The value received for glass was negative in 2015 as there still is only one market outlet for the material. Although, the price has remained steady although lower and has stopped the decline. Fiber prices remained low but did not show much movement throughout the year up or down. Prices for plastics and metals saw a continual decline as oil market prices continued to be low and China's economy continued to not show significant growth. Aluminum (which represents about 1% of the tonnage from Roseville but around 20% of the material value) saw a 35% decrease for the start of 2015 to the end of 2015. PET plastic saw a close to 50% drop in value over the year and other plastics saw more around 15% to 20% drop in value. Plastics make up around a quarter of the value of Roseville's recyclables. Even with the decrease in the revenue received from the sale of recycled material to markets there is still a net financial benefit for our community. Recycling the over 3,300 tons of material collected in Roseville in 2015 meant that this material did not end up going to an incinerator. Not burning these resources means that, as a community, we did not spend over $820,000 on the healthcare costs and environmental remediation's that would have been necessary were this material to have been incinerated. (see description of the M EBCaIcT" model on page 12 of this report) DETAILED ANALYSIS OF SPECIFIC ISSUES AFFECTING REVENUE Slowdown in China's Economic Growth — China is the world's largest consumer of recycled paper. They use it to create the packaging for all of the goods that they manufacture and then ship back to consumers all over the world. As a result, if China stops buying recycled paper the supply quickly jumps up and the prices fall. The stagnation and decline in revenue share in the second half of the year is due in large part to the slow -down in China's economic growth, thus demand from China for all that recycled paper and plastic has plummeted. Although Eureka sends nearly 100% of its fiber material to a local market in Saint Paul, the price is connected to global commodity pricing trends. In addition, China's slowdown in construction impacted the price for metals as there was increased supply in the global market and in the US. Value of the Dollar The value of the dollar continues to be higher than other currencies, which has impacted the ability of US commodities to compete with other connnoditics on the global market thus impacting supply levels in the US and putting downward pressure on commodity prices. Plastics and the Price of Oil — There has been, and continues to be a great deal of volatility in the plastics markets. Unlike paper, and metal recycling, which has been around for decades, plastic is in many ways still an evolving market. Many new companies continue to enter the market. While one company will seek a certain composition of different types of plastics; others will want a different blend. Eureka Recycling continues to work with existing and new markets to ensure that any plastics we send to market are made into new products and the chain of custody can be followed and verified.