Please note this report just focuses on the waste polymers of ethylene commodity code (391510), as exports of other plastics are relatively small in volume
Exports of scrap polymers saw big decreases in purchases from key destinations throughout August.
Our news reports of markets in Asia closing or increasing inspections was demonstrated by the large fall seen to many Asian destinations.
Globally, exports of this material decreased in August to 26,305 tonnes. This is dramatically down on July when 34,386 tonnes was sent abroad from the UK. This is also down from August last year when 40,513 tonnes was exported.
One of the most dramatic decreases came from Vietnam, as the latest HMRC data showed that it did not purchase any material in August. The last time it did not import any scrap polymers was in December 2012. In July it bought 2,333 tonnes, and in August 2017 it imported 4,297 tonnes.
The EU was the best buyer of this material, purchasing 4,393 tonnes, although this is down from July when it bought 6,086 tonnes. This is also the lowest amount that the EU has imported from the UK this year so far.
Malaysia usually imports the most of this material from the UK, however it sharply reduced the amount it bought in August, purchasing just 2,317 tonnes, down significantly from July (6,556 tonnes).
The UK only exported 217 tonnes to China this month, a major decrease from July when the figure was 972 tonnes.
PE key destinations (391510)