Plastics Recycling Update

Scrap plastics exports jump by 16 percent

Sector exports recently experienced another sizable month-to-month increase in volumes.

In March, the most recent month for which figures are available, scrap plastics exports totaled 359.27 million pounds, an increase of 16.2 percent from February 2016 levels. That marked the second straight month of volume gains over 15 percent.

When matched against March 2015 levels, however, the volume of plastic scrap exports in the month was down by 13.8 percent.

Meanwhile, the weighted price of recovered plastic exports in March 2016 was 17.1 cents per pound, up 1.0 percent from its February standing. That price-per-pound figure was down 6.2 percent from the price level in March 2015.

With 934.17 million pounds of scrap plastics exported through the first three months of 2016, the volume was down 6.4 percent from the March 2015 year-to-date (YTD) figure.

At 17.0 cents per pound, the average price through March 2016 was down by 8.5 percent from its 2015 YTD standing.

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