U.K. plastics exports recovering

U.K. plastics exports recovering

By Bobby Elliott, Resource Recycling

In a sign that China's Operation Green Fence may be losing its grip on international exports, the U.K.'s Environment Agency (EA) has released a monthly breakdown of second quarter packaging recycling figures that indicates alternative markets are emerging for plastics exports.

According to the data, June represented the strongest month for Q2 U.K. plastics exports, with 38,096 tons of the material shipped overseas for reprocessing. Up 9,366 tons from May and 11,688 tons from April, June plastics exports were the most encouraging sign yet that alternative buyers are helping to ease the impact of China's crackdown on exports.

U.K. plastics exports had reached an alarming low in March 2013, when only 21,056 tons of the material was exported due in part to China's new restrictions.

Ian Andrews, senior market trader at The Environment Exchange, attributed rebounding plastic export numbers to the development of bigger markets in India and Indonesia.

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