U.S. exports of recovered fiber were up slightly in January 2021 compared to the previous year. | anek.soowannaphoom/Shutterstock
Exports of U.S. scrap paper and plastic increased in January 2021 compared with 2020, despite China’s exit from the recovered paper market and new Basel Convention regulations on plastic shipments.
A number of environmental groups wrote to shipping lines urging them to stop carrying scrap plastics. | Jordi Prats/Shutterstock
Activists have contacted the world’s largest shipping lines, asking them to stop carrying loads that violate new Basel Convention regulations covering the global scrap plastic trade.
Several companies forecast that fiber costs will continue to rise throughout 2021. | sylv1rob1/Shutterstock
Paper mill operators anticipate strong demand for corrugated packaging will continue to drive up prices for recovered fiber, according to recent earnings calls.
U.S. exports of recovered commodities decreased in 2020, continuing a multi-year trend. | Jose Luis Stephens/Shutterstock
Recovered paper shipments from the U.S. to China slowed immensely as 2020 drew to a close, newly released figures show. Meanwhile, scrap plastic exports decreased during the year, but shipments to certain countries grew sharply.
A senior economist at recovered paper research firm RISI recently spoke on the forces driving the OCC market. | Quang Ho/Shutterstock
The end of 2020 was marked by promising recovered fiber prices. An analyst says that’s due to strong domestic and international demand, despite China’s move to cease buying.
Because the U.S. is not a party to the Basel Convention, exports to the 180-plus countries that are parties to the convention will be more complicated, or may even be prohibited by local laws. | AnkaFed/Shutterstock
The U.S. government has made public an agreement with Canada to continue scrap plastic shipments despite global regulations tightening next year. Environmental advocates are troubled by the deal.
The Chinese government has been enacting restrictions over the past few years, with a full ban coming into effect Jan. 1, 2021. | Wangkun Jia/Shutterstock
The Chinese Ministry of Ecology and Environment last week announced details about the country’s upcoming ban on all materials it classifies as “solid waste,” including recovered fiber.
China remains the largest buyer of U.S. fiber, importing 1.86 million short tons during the third quarter. | F Armstrong Photography/Shutterstock
Paper and plastic exports continue to trend lower than in previous years, even as shipments increase to certain countries, recent figures show.
Next year, China is widely expected to close the door completely to recovered fiber imports, a move that has the industry in a cautious state. | BigPixel Photo/Shutterstock
Is the global recycled paper sector prepared for China’s complete exit from the market next year? Experts weighed in during a recent Bureau of International Recycling session.
