Published On: Sat, Feb 1st, 2014

US scrap plastic exports declined marginally in November

WASHINGTON : According to latest government data, the exports of recovered plastic by the US continued to decline during the month of November. The exports of all scrap materials continued to decline during the initial eleven-month period in 2013.

US scrap plastic exports declined marginally in November

US scrap plastic exports declined marginally in November

The country’s exports of plastic scrap during the month of November 2013 totaled 395.40 million pounds. When compared with the exports during October 2013, the volume of exports was up by 7.5%. However, the exports decreased by 0.1% when compared with those during November 2012.

The weighted price of scrap plastic exports during November this year amounted to 20.01 cents per pound. The weighted price saw sharp rise of 10.9% from October 2013 levels. Upon comparison with November 2012, the weighted price was down by 8.4%.

The US exports of recovered plastic during the initial eleven-month period amounted to 3.85 billion pounds. The exports were down 5.1% when compared with the exports during the corresponding eleven-month period in 2012.

The average price of scrap plastic exports during the period from January through November in 2013 was 20.48 cents per pound, which is 3.4% down year-on-year.

read more….