By Editorial Staff, Resource Recycling
The volume of plastic scrap exported in September, at 368.86 million pounds, fell by 5.6 percent from its August figure. Also, when matched against its September 2011 position, the volume of exports was down by 11.6 percent.
The weighted price of recovered plastic exports in September, at 22 cents per pound, was up 6.3 percent from its August 2012 standing. However, when compared to its year-over-year (YOY) level the price was down sharply by 7.9 percent.
Through September, at 3.29 billion pounds, the volume of recovered plastics exported was down 7.8 percent through the same period in 2011. At 21.41 cents per pound, the average price through September 2012 was down, as well, by 3.2 percent from its 2011 year-to-date (YTD) standing.
As for other exported materials, recovered paper exports YTD experienced a 6.5 percent YOY decrease, to 14.74 million metric tons. At $170 per metric ton, the weighted average price of exported recovered paper in September was down 5.1 percent when compared to its September 2011 mark.
Regarding ferrous scrap, the 16.93 million metric tons exported through September resulted in a 10.5 percent YOY decrease. At $447 per metric ton, the weighted average price of exported ferrous scrap in September was also down, by 4.7 percent.
Lastly, the 3.46 billion pounds of aluminum scrap exported through September equated to a small 2.1 percent YOY decrease. And, at 78 cents per pound, the average price of exported aluminum scrap in September was down 11.4 percent when compared to its September 2011 standing.
To return to the Resource Recycling newsletter, click here.