A mid-August market update from the China Scrap Plastic Association (CSPA) says that, according to information obtained by CSPA from various government departments of China, a “12th batch of [scrap] import permits is expected to be issued in mid-August” 2017.
Dr. Steve Wong, who is executive president of the CSPA, chairman of Hong Kong-based plastics recycling firm Fukutomi Company Limited and a member of two Bureau of International Recycling (BIR) committees, also says a decision on the issuance of a 13th batch of import permits “will closely follow the 12th batch.”
Additionally, Wong says the CSPA has learned that China’s recently filed import ban with the World Trade Organization (WTO) states that shipments with bills of lading dated prior to Sept. 1, 2017, will be accepted at ports only until Dec. 31, 2017 (subject to an official announcement).
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