Plastics exports see 18 percent year-over-year gain

Plastics exports see 18 percent year-over-year gain

By Editorial Staff, Plastics Recycling Update

June 5, 2014

The most recent figures show exports of scrap plastics bounced back from 2013 levels.

March saw a rise of 13.8 percent from February 2014 export levels, with 397.04 million pounds of scrap plastics exported in March 2014. When matched against March 2013 levels – a time during which China's Operation Green Fence was almost at its peak – the volume of plastic scrap exports was also up, by 18.0 percent.

Exports chart

The weighted price of recovered plastic exports in March, at 19.68 cents per pound, was flat, up by just 1.4 percent from its February 2014 standing. When compared with its year-over-year (YOY) level, the price was down by 7.9 percent.

Through March, at 1.10 billion pounds, the volume of recovered plastics exported was up 2.2 percent from its 2013 year-to-date (YTD) figure. At 19.48 cents per pound, however, the average price through February was down 3.5 percent from its 2013 YTD standing.

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