New From PetroChem Wire . . . .

NGLs Week

NGLs Week Newsletter  

NGLs Week is PetroChem Wire's comprehensive summary of price trends, upstream and downstream costs, operations news and supply/demand forecasts. The report contains everything you'll need to understand what's happening in the NGL markets.

For more information, click here.

For all of our products and services, click here.

US plastic scrap exports to China down 93% in January-August

HOUSTON, October 9. 2018 (PCW) -- US exports of plastic scrap to China in Jan-Aug totaled 34,660 metric tons, down by 444,747 mt or 93% from Jan-Aug 2017, the latest US Commerce Department data show.

China, the top destination of these exports in 2017, imposed its Operation Sword scrap and trash import ban a year ago.

Exports to Hong Kong, a major destination for exports bound for mainland China, totaled 80,227 mt in the first eight months of 2018, down by 227,220 mt or 74% from the 2017 period.

China and Hong Kong together accounted for 66% of these exports in Jan-Aug 2017 and 14% in Jan-Aug 2018.

US plastic scrap exports to all destinations in Jan-Aug 2018 totaled 811,420 mt valued at $334.1 million, down by 33% from Jan-Aug 2017.

The US government tracks five categories of plastic scrap exports and imports: PE, PS, PVC, PET and unsorted "other." The largest category by volume in Jan-Aug 2018 was PE at 298,237 mt, down by 36% from Jan-Aug 2017. For China, PE scrap exports totaled 10,559 mt in Jan-Aug 2018, down by 95% from Jan-Aug 2017. -- Xavier A Cronin

Sign Up for RSS Feed  follow us in feedly