Export watch

Export watch

By Editorial Staff, Resource Recycling

The volume of plastic scrap exported in November, at 367.74 million pounds, dropped by 8.4 percent from its November figure. When matched against its November 2011 position, however, the volume of exports was up by 1.4 percent.

The weighted price of recovered plastic exports in November, at 20.3 cents per pound, was essentially flat, up just 0.6 percent from its October 2012 standing. And when compared to its year-over-year (YOY) level the price was down by 8.3 percent.

Through November, at 4.06 billion pounds, the volume of recovered plastics exported was down 6.5 percent through the same period in 2011. At 21.20 cents per pound, the average price through November 2012 was down, as well, by 10.8 percent from its 2011 year-to-date (YTD) standing.

As for other exported materials, recovered paper exports YTD experienced a 5.0 percent YOY decrease, to 18.21 million metric tons. At $169 per metric ton, the weighted average price of exported recovered paper in November was down 6.1 percent when compared to its November 2011 mark.

Regarding ferrous scrap, the 19.78 million metric tons exported through November resulted in a 12.8 percent YOY decrease. At $443 per metric ton the weighted average price of exported ferrous scrap was also down, by 5.5 percent.

Lastly, the 4.17 billion pounds of aluminum scrap exported through November equated to a small 3.9 percent YOY decrease. And, at 78 cents per pound, the average price of exported aluminum scrap in November was down 10.3 percent when compared to its November 2011 standing.

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