Plastic export volume up in October
By Editorial Staff, Resource Recycling
The volume of plastic scrap exported in October, at 401.36 million pounds, rose by 8.8 percent from its September figure. When matched against its October 2011 position, however, the volume of exports was down by 2.8 percent.
The weighted price of recovered plastic exports in October, at 20 cents per pound, was down 8.6 percent from its September 2012 standing. And when compared to its year-over-year (YOY) level the price was down sharply by 11.2 percent.
Through October, at 3.69 billion pounds, the volume of recovered plastics exported was down 7.3 percent through the same period in 2011. At 21.29 cents per pound, the average price through October 2012 was down, as well, by 7.3 percent from its 2011 year-to-date (YTD) standing.