by jondabach | Mar 14, 2017 | News Brief, Shipping and Logistics
The market impacts of National Sword 2017, China’s sweeping crackdown on imports, are beginning to come into focus. Their General Administration of Customs is focusing their efforts on catching smugglers, who face jail time as well as tax evasion charges. It’s...
by jondabach | Mar 7, 2017 | News Brief, Science and Technology
Plastic is the primary material used in packaging consumer goods worldwide, but only 14% of that plastic is recycled, and even less is recycled for similar purposes. This is a missed opportunity of an estimated $80-120 billion in potential revenue, according to a new...
by jondabach | Mar 7, 2017 | Market Conditions, News Brief
China is three weeks into their recent crackdown on scrap material imports known in English as “National Sword 2017”. Through this effort, China has exposed smuggling operations which has led to dozens of arrests. In addition, China has confiscated more than 22,000...
by jondabach | Feb 20, 2017 | Market Conditions, News Brief
China is continuing their crackdown on foreign waste with a newly announced campaign known as “National Sword 2017”, targeting plastics, industrial waste, electronics, and other household waste materials. The primary named goal is to monitor organized crime such as...
by jondabach | Feb 14, 2017 | Market Prices, News Brief, Recycling
The focus on the recovered paper (RCP) or scrap paper sector began fall of last year with rising prices of old corrugated container (OCC)- familiar to most as cardboard. OCC price hikes caused a butterfly effect of rising prices across most grades of scrap paper,...