UK exporters fear China crackdown
By Editorial Staff, Resource Recycling
In the U.K., exporters of recovered plastics are reporting a crackdown by the Chinese government, relating to the quality of recovered plastics entering the country are being realized, reports letsrecycle.com.
Earlier this month, a letter from the Chinese government signaled that it had had enough of poor-quality recyclables being imported from Western countries. Some exporters describe growing uncertainty in the market with some companies having a hard time getting material overseas.
According to letsrecycle.com, the price of plastic films has fallen 40 percent. If the situation persists, the U.K. might have serious problems as the country's recycling industry struggles to find the capacity for the new surplus of plastics, according to exporters cited in the article.