Less demand for recovered exports
28 March 2011
The Chinese markets for recovered paper and plastics – An update on the Chinese markets for recovered paper and plastics reveals continuing strong Chinese demand for recovered paper and plastics.
That is the latest findings of the Waste & Resources Action Programme’s (WRAP) most market report on the Chinese markets for recovered paper and plastics as published March 21st. This report looks at the key developments in the Chinese markets for recovered paper and plastic including trends in demand, prices and the balance between imported and domestically recovered material.
Importantly the report highlights that ‘China is increasingly tapping into its own resources of domestically-recovered materials.’ Imports will continue to remain an important part of meeting China’s need for material, WRAP states that ‘China’s supply of recovered materials but China seems likely to become
The report shows that the import of recovered paper has decreased in China, with its level of recovered paper consumption imported falling from 45% in 2007 to 44% in 2009. WRAP claims that is likely that this figure would have fallen again for 2010. In the end, WRAP alleges that Chinese demand for UK exports of recovered paper will continue to grow steadily.