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Proposals
to hike up the cost of shipping recyclable waste to China could
threaten the UK recycling sector, the Environment Agency has
warned. |
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The
comment from the government body came as many waste exporters
raised fears that the cost of sending containers to the Far East
could be even more than originally expected - with some fearing
a "catastrophic" 100% price rise.
Shipping lines such as Maersk are to raise their Eastbound freight
charges from next month.
Last
week, the Far Eastern Freight Conference in London announced that
the freight cost (in US dollars) of shipping 20 or 40 foot containers
of waste to China would go up to $250 from October 1, 2007 that,
if the rise was implemented, the UK was in danger of recycling
less material and becoming a dumping ground.
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Speaking yesterday, the Environment Agency said that, if the
rise was implemented, the UK was in danger of recycling less
material and becoming a dumping ground.
A spokesman said: "If this price increases it could have
an impact on the market capacity for waste material to be recycled
and could bring about a down turn in recycling. And, like all
activities related to an increase in cost such as pay-as-you-throw,
it could increase fly-tipping."
The EA explained that even though alarm bells were not ringing
"at the moment", it was "potentially concerned
that it will have a detrimental affect on recycling."(Source
Letsrecycle.com)
This of course may soon have an impact on most business as costs
are fed down the chain .Possible recycling activities such as
confidential waste disposal, cardboard recycling, Council collections
and paper for the new Pre-treatment regulations coming into
effect in October 2007 (See newsletter http://www.credenv.com/automotive_newsletter/07July/newletter_01.htm)
The market will undergo more movement for the next couple of
months until it is likely to settle down.
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