China’s imports of recycle PET climbed through most of 2016, reaching a new high of 277,000 tons in December. The average price picked up slightly towards year end, to $456/ton.
Recycle PET imports in 2016 totaled 2.5 million tons, up 24%. Top sources included Hong Kong, Japan, United States, Thailand, Indonesia, Vietnam and Mexico.
Smaller volume imports of recycle PVC were up 89% for the year, to 446,000 tons.
From International Trader Publications’: China Polymer Trade Report