As part of the Trump administration’s trade war with China, a number of tariffs have been levied on the import of Chinese goods. A handful of recycling companies and one trade group have sought exemptions.
As part of the Trump administration’s trade war with China, a number of tariffs have been levied on the import of Chinese goods. A handful of recycling companies and one trade group have sought exemptions.
Prices for recovered PET containers have remained relatively steady. Meanwhile, values for both natural and color HDPE have climbed.
PET prices have dropped slightly, but another key curbside plastic, natural HDPE, continues to coast along at high levels.
Bales of PET continue to rise in value, while natural HDPE prices fall slightly but remain at a relatively high level.
A Utah recycling company is targeting bales of resins Nos. 1-7, possibly filling a critical void in the plastics recovery chain.
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Since the implementation of Chinese scrap import restrictions a number of Chinese companies have set up shop or established partnerships in the U.S. to process material and bypass restrictions. Continue Reading