Plastic exports bounce back
By Editorial Staff, Resource Recycling
The steep decline of plastics and paper exports slowed in May of this year, though exports of all recyclable materials were still down for the first five months of 2013.
At 334.33 million pounds, the volume of plastic scrap exported in May 2013 rebounded 12.9 percent from its April 2013 level, a bounce-back from two monthly double-digit declines in a row. When matched against May 2012 levels, the volume of exports was down, however, by 9.5 percent.
Price also made a small return, with the weighted price of recovered plastic exports in May, at 21.18 cents per pound, up 4.4 percent from its April 2013 standing. When compared to its year-over-year (YOY) level, the price was down slightly by 1.4 percent.
The rebound was not enough to impact YOY figures, however. Through May of 2013, at 1.71 billion pounds, the volume of recovered plastics exported was down 8.7 percent from its 2012 year-to-date (YTD) figure. And, at 20.39 cents per pound, the average price through May 2013 was down 5.7 percent from its standing for the first five months of 2012.