Southeast Asia's recycled plastic market at risk amid Trump's trade war

Quick Summary:

Falling energy prices means cheaper virgin plastic, which tempers demand for recycled plastic among major consumer goods brands – and increases the likelihood of pollution, say experts.

If tariffs on these imports increase, virgin PET prices could rise, making recycled plastic a more attractive alternative.

The trade war initiated by the United States’ Trump administration has led to a drop in the price of virgin plastic, hurting the market for plastic collected from the environment for recycling.

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Article Details

Author / Journalist: Robin Hicks

Category: EconomyBusiness

Markets: SingaporeCanadaChinaIndiaIndonesiaSouth KoreaMexicoPhilippinesTaiwanThailandUkraineUnited StatesVietnam

Topics: Waste-to-energy Extended Producer Responsibility Plastic Sustainable development Pollution

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-11 @ 02:17:00 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 832 words

Reading Time: 5 minutes read

Sentences: 26 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Eco-Business

News ID: 26065880

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About Eco-Business

Main Topics: EconomyBusiness

Official Website: eco-business.com

Update Frequency: 2 posts per day

Year Established: 2009

Headquarters: Singapore

News Last Updated: 18 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #100

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