China’s three-month-old import action has stalled shipments of some recovered plastics from the U.S. and led to substantial import fee increases.
China’s three-month-old import action has stalled shipments of some recovered plastics from the U.S. and led to substantial import fee increases.
Plentiful supply of curbside HDPE bales in the Southeast and U.S. Gulf Coast area pushed prices lower in mid-May as suppliers sought to move their rising inventories.
Through the first three months of 2017, exports of recovered plastics were up 21 percent compared with 2016.
Price for recycled acrylonitrile butadiene styrene (ABS) have been rebounding in May, supported by tighter supply.
Virgin and recycled PP prices will likely remain above historical averages until additional prime PP capacity comes on-line in the next couple of years, a markets forecasting expert said.
Demand for HDPE scrap bales retreated a bit in early April following a mid-March surge. This lackluster demand, coupled with rising bale supply from major population centers, drove scrap prices lower.
Trina Matta, Sustainable Packaging Coalition
How can recycling players be sure their material choices aren’t damaging other links in the recovery chain? One industry collaboration has developed a resource to help.
Drones patrol Britain’s beaches in search of shoreline plastics, and prices rise in the U.S. for recovered HDPE and PET.
A tech startup is developing a new product to verify trustworthiness among traders of plastic scrap and other recyclable materials.
A meeting of the International Council of Containership Operators got raided last week, sending tremors throughout the ocean shipping industry.