The volume of global trade in recyclable polymers in 2020 was less than half of what it was five years ago. The amount of recyclable polymer traded fell from 15.3 million tons in 2016, to 7.0 million tons in 2020. The rate of decline slowed markedly in 2019 and 2020
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US Exports of Recycle Polymers Down 46% as of July 2019; Further Declines Likely From India’s Ban on Recycle Polymer Imports
The US shipped 406,000 tons of recycle polymers through July, 2019, down 46% from the same period in the prior year. China’s total ban on imports of recycle polymers as of 2018 was a key factor in the decline. Further declines in US exports are expected as India has announced it will also ban all recycle polymer imports.
Continue readingChina’s Imports of Recycle Polymers Fell to a Low in November
Imports of recycle polyethylene, polypropylene, PVC and PET all fell in November to volumes at or near record monthly lows for the 2013-2017 period. Imports of smaller volumes of recycle polystyrene remained above last year’s levels. Continue reading