Scrap plastic exports continue decline through Q3 2013

Scrap plastic exports continue decline through Q3 2013

By Editorial Staff, Plastics Recycling Update

Dec. 19, 2013

As we get caught up on export data delayed from the fall 2013 government shutdown, the export of all scrap materials continued to see declines for the first three quarters of 2013.

At 341.10 million pounds, the volume of plastic scrap exported in September 2013 saw a 3.4 percent decrease from its August 2013 level. When matched against September 2012 levels, the volume of exports was down, as well, by 7.5 percent.

Exports chart

The weighted price of recovered plastic exports in September, at 19.70 cents per pound, was also down, by 6.0 percent from its August 2013 standing. When compared with its year-over-year (YOY) level, the price was down by a steep 11.3 percent.

The story of YOY for volumes of exported recovered plastic for 2013 continued to be one of strong declines across all resins. Through the first three quarters of 2013, at 3.06 billion pounds, the volume of recovered plastics exported was down 6.9 percent from its 2012 year-to-date (YTD) figure. And, at 20.37 cents per pound, the average price through Q3 of 2013 was down 4.9 percent from its standing through the same period in 2012.

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