Waste to be put up for sale on Novi Sad Commodity Exchange

The first quantities of waste materials will be put up for sale on the Novi Sad Commodity Exchange by the summer, it was announced at Tuesday's signing of a memorandum on cooperation between the Serbian Environmental Protection Agency (SEPA) and the Exchange.

20 Mart 2019 13:05

BELGRADE - The first quantities of waste materials will be put up for sale on the Novi Sad Commodity Exchange by the summer, it was announced at Tuesday's signing of a memorandum on cooperation between the Serbian Environmental Protection Agency (SEPA) and the Exchange.

The Serbian waste materials market is potentially worth 200-300 mln euros and the fact we are both importing and exporting some waste materials is absurd, SEPA Director Filip Radovic noted, adding that the sale of waste materials on the Exchange would facilitate business in the recycling industry, which he said had potential for development.

The Novi Sad Commodity Exchange, which mostly sells grains, has potential to sell waste materials, in particular scrap metals, plastic and paper, said its director, Milos Janjic, who added that discussions with businesses would follow to enable the sale of the first quantities of waste materials by the beginning of the summer.


Photo: Tanjug/Z. Zestic

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