
Scrap plastic traders are facing challenges from increased freight rates and cancellations of bookings by shipping lines as Basel regulations are implemented. | Mariusz Bugno/Shutterstock
Industry experts say overseas buyers are struggling to source scrap plastic after new restrictions on the global trade of recovered plastic began taking effect.

Prices for recovered plastics increased across the board during the past month, with natural high-density polyethylene bales notching another record.




