By Editorial Staff, Resource Recycling
The volume of plastic scrap exported in October, at 401.36 million pounds, rose by 8.8 percent from its September figure. When matched against its October 2011 position, however, the volume of exports was down by 2.8 percent.
The weighted price of recovered plastic exports in October, at 20 cents per pound, was down 8.6 percent from its September 2012 standing. And when compared to its year-over-year (YOY) level the price was down sharply by 11.2 percent.
Through October, at 3.69 billion pounds, the volume of recovered plastics exported was down 7.3 percent through the same period in 2011. At 21.29 cents per pound, the average price through October 2012 was down, as well, by 7.3 percent from its 2011 year-to-date (YTD) standing.
As for other exported materials, recovered paper exports YTD experienced a 5.8 percent YOY decrease, to 16.51 million metric tons. At $169 per metric ton, the weighted average price of exported recovered paper in October was down 6.1 percent when compared to its October 2011 mark.
Regarding ferrous scrap, the 18.40 million metric tons exported through October resulted in a 11.2 percent YOY decrease. At $445 per metric ton the weighted average price of exported ferrous scrap was also down, by 5.3 percent.
Lastly, the 3.83 billion pounds of aluminum scrap exported through October equated to a small 2.6 percent YOY decrease. And, at 78 cents per pound, the average price of exported aluminum scrap in October was down 10.3 percent when compared to its October 2011 standing.
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