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US scrap PET exports down 41% in November on less to China

HOUSTON, January 11, 2016 (PCW) -- US exports of scrap PET in November totaled 17,534 metric tons, down 41% from 29,685 MT in November 2014, the latest USA Trade Online data show. The drop was mostly due to a 52.6% drop in scrap PET exports in November to China, the number one destination of US plastic scrap exports in 2014.

US scrap PET exports to China in November were 8,022 MT, down from 16,916 MT a year ago.

Scrap PET accounted for 10.8% of all US scrap plastic exports in November. Total November exports for the five scrap plastic categories tracked by USA Trade Online were 161,829 MT, down 10% from a year ago. -- Xavier A. Cronin