Plastic scrap exports still down for 2013

Plastic scrap exports still down for 2013

By Editorial Staff, Plastics Recycling Update

Dec. 5, 2013

The export of recovered plastics rebounded in August over July levels, but year-over-year, the export of plastics resins were down for the first eight months of 2013.

At 353.20 million pounds, the volume of plastic scrap exported in August 2013 saw a 6.8 percent increase from its July 2013 level. When matched against August 2012 levels, however, the volume of exports was down steeply, by 9.6 percent.

The weighted price of recovered plastic exports in August, at 20.95 cents per pound, was up, as well, by 2.6 percent from its July 2013 standing. When compared to its year-over-year (YOY) level, the price was flat, up just 0.2 percent.

The story of YOY for volumes of exported recovered plastic for 2013 was still one of strong declines. Through the eight months of 2013, at 2.72 billion pounds, the volume of recovered plastics exported was down 6.8 percent from its 2012 year-to-date (YTD) figure. And, at 20.45 cents per pound, the average price through August 2013 was down 4.0 percent from its standing through August 2012.

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