by jondabach | Oct 17, 2017 | Market Conditions
While the original bans laid out in China’s notification to the World Trade Organization (WTO) on July 18th puts 18 percent of US to China waste and scrap exports by volume at risk (about $532 million worth), a complete ban, as drafted by China’s State Council, would...
by jondabach | Oct 9, 2017 | Market Conditions
China is the largest importer of waste. In 2016, they accepted 7.3 million metric tons worth about $3.7 billion. This volume equates to 56 percent of the world’s waste imports, including half of waste paper exports worldwide. When China notified the WTO on July...
by jondabach | Oct 3, 2017 | Market Conditions
Chinese factories shutdown around October 1st in observance of The National Golden Week, a holiday implemented by the government of the People’s Republic of China to promote domestic tourism, allow workers to visit relatives in remote rural areas, and improve the...
by jondabach | Sep 26, 2017 | Market Conditions, Recycling
This year’s hurricane season has surpassed a number of natural disaster records, including damage-related and economic costs. Damages caused by Hurricane Harvey have been estimated anywhere from $65 billion to $190 billion, while Irma is thought to have caused $50...
by jondabach | Sep 19, 2017 | Market Conditions, Shipping and Logistics
Every year, the U.S. capitalizes on the $5 billion recycling business created through their disposal of waste exported to China in shipping containers. We recently blogged about China’s ambiguous notifications to the World Trade Organization (WTO) on July 18th and...
by jondabach | Sep 5, 2017 | Market Conditions, Shipping and Logistics
Since China’s initial notification to the World Trade Organization (WTO) on July 18th of this year, Chinese authorities have continued to drop hints as to specific material grades slated for rejection. Though agency hints remain rather nebulous, we now believe we have...
