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US plastic scrap exports jump 14%

Global – Overseas shipments of US plastic scrap overcame a dip in June to record an increase in volume terms across the first half of 2014 as a whole.

Latest statistics from the Census Bureau show that overall exports fell from 193 000 tonnes in May to 183 000 tonnes the following month whereas the cumulative total was 14% higher than for January-June 2013 at approaching 1.1 million tonnes; PET exports soared 33% while vinyl chloride and ethylene recorded respective gains of 53% and 12%.

US exports of plastic scrap were valued at US$ 458 million in this year′s opening half – equivalent to an increase of 10.5% over the corresponding period in 2013. Deliveries to China climbed 10% year on year to US$ 212.4 million while sales to Hong Kong jumped 12% to US$ 99.3 million.

US business also increased with Canada (+16% to US$ 42 million) and Indonesia (+72% to US$ 19.5 million). But to India, US plastic scrap shipment values dropped 12% year on year to US$ 31.5 million.

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