Recyclable material exports down for first half of 2013

Recyclable material exports down for first half of 2013

By Editorial Staff, Resource Recycling

The sharp downturn of plastics and paper exports became a bit less steep in June of this year, though ferrous scrap exports saw a double digit year-over-year decline and exports of all recyclable materials were still down for the first half of 2013.

At 329.06 million pounds, the volume of plastic scrap exported in June 2013 dipped 1.6 percent from its May 2013 level. When matched against June 2012 levels, the volume of exports was down, as well, by 4.3 percent.

The weighted price of recovered plastic exports in June, at 21.24 cents per pound, was down 4.4 percent from its May 2013 standing. When compared to its year-over-year (YOY) level, the price was flat, up slightly by 0.4 percent.

Through the first half of 2013, at 2.04 billion pounds, the volume of recovered plastics exported was down 6.8 percent from its 2012 year-to-date (YTD) figure. And, at 20.37 cents per pound, the average price through June 2013 was down 4.9 percent from its standing for the first half of 2012.

As for other exported materials, recovered paper exports through the first half of 2013 were 9.55 million metric tons, a 4.5 percent YOY decrease from 2012.  At $165 per metric ton, the weighted average price of exported recovered paper in June was also down 5.2 percent when compared with its mark through the first half of 2012.

Regarding ferrous scrap, the 9.92 million metric tons exported through the half of 2013 resulted in a 12.0 percent YOY decrease, the fourth straight month ferrous scrap saw a YOY decrease. Too, at $417 per metric ton, the weighted average price of exported ferrous scrap was down by 9.7 percent.

Lastly, the 1.67 billion pounds of aluminum scrap exported through the first half of 2013 represented a 13.1 percent YOY decrease from the first half of 2012. And, at 80 cents per pound, the average price of exported aluminum scrap through June 2013 was flat, up just 1.2 percent YOY.

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