Export watch

Export watch

By Editorial Staff, Resource Recycling

The volume of plastic scrap exported in February 2013, at 373.76 million pounds, was up 2.0 percent from its January 2013 figure. When matched against its February 2012 position, the volume of exports was down slightly by 0.4 percent.

The weighted price of recovered plastic exports in February, at 20.14 cents per pound, was up 5.3 percent from its January 2013 standing. When compared to its year-over-year (YOY) level, the price was up, as well, by 2.2 percent.

Through February, at 740.32 million pounds, the volume of recovered plastics exported was up 2.5 percent from its 2012 year-to-date (YTD) figure. At 19.64 cents per pound, however, the average price through February was down sharply 8.1 percent from its 2012 YTD standing.

As for other exported materials, recovered paper exports in February 2013 were 3.31 million metric tons, a 5.0 percent YOY decrease from 2012. At $162 per metric ton, the weighted average price of exported recovered paper in February was also down, 5.3 percent when compared to its February 2012 mark.

Regarding ferrous scrap, the 3.42 million metric tons exported in February 2013 resulted in a 4.3 percent YOY increase. However, at $421 per metric ton, the weighted average price of exported ferrous scrap was down by 9.3 percent.

Lastly, the 313.75 million pounds of aluminum scrap exported in February 2013 equated to a 9.9 percent YOY decrease from 2012. And, at 78 cents per pound, the average price of exported aluminum scrap in February was up 1.0 percent when compared to its February 2012 standing.

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