Last year presented an upheaval in the global recovered plastics market, and the impacts continue to roll in. Three experts recently shared their thoughts on the specific causes of the volatility.
Last year presented an upheaval in the global recovered plastics market, and the impacts continue to roll in. Three experts recently shared their thoughts on the specific causes of the volatility.
Chinese recycling executives see a promising outlook for Asian companies looking to invest in the U.S. as a result of China’s import restrictions.
Pricing for recovered PET and HDPE packaging has been stronger lately, but bulky rigid and film values have remained flat over the past few months.
With China having recently shaken up export possibilities, industry leaders in the U.S. have amplified their calls for more domestic markets for recyclables. Two upcoming events aim to accelerate that process.
Composite decking manufacturer Trex saw significant boosts in sales last year, in part due to China’s impacts on recovered PE markets.
Following the price hikes in March and April, the market in China for recovered plastic material has declined since the second half of May both in pricing and demand.
During the past year, the national average price of post-consumer PET beverage bottles and jars rose steadily by 68 percent, from 8.6 cents per pound in March 2016 to the current 14.5 cents per pound.