Export volume, price declined in 2012
By Editorial Staff, Resource Recycling
At 4.43 billion pounds, the volume of recovered plastics exported in 2012 was down 5.4 percent over the 4.69 billion pounds exported in 2011. At 21.05 cents per pound, the weighted average price for exported plastics in 2012 was down, as well, by 5.7 percent from the full-year 2011 standing of 22.32.
The picture was rosier if simply looking at the last month of the year, however. The volume of plastic scrap exported in December, at 374.40 million pounds, rose by 1.8 percent from its November figure. When matched against its December 2011 position, the volume of exports was also up, by 8.6 percent.
The weighted price of recovered plastic exports in December, at 19.40 cents per pound, was down 4.4 percent from its November 2012 standing. And, when compared to its year-over-year (YOY) level, the price was down by 10.3 percent.