A common denominator in the Latin American markets is the adverse effect from the pandemic, as outlined in the latest World Mirror, published by the Bureau of International Recycling (BIR) in May.
As described by Alejandro Jaramillo, Chairman of the BIR Latin America Committee, the Covid-19 cases and hospitalizations have been dropping in most Mexican states. At the same time, more Mexicans were vaccinated, which were “still far from enough to reach any kind of immunity“. Against this backdrop, Alejandro Jaramillo (Glorem SC, Mexico) registrated less policy volatility and, at present, no threat of the industrial shutdown seen last year.
