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Asian recyclers struggle to compete as virgin resin prices fall

by ChemOrbis Editorial Team - content@chemorbis.com
  • 10/12/2015 (16:35)
Several Asian recyclers have voiced their complaints about having difficult concluding deals these days as they are facing strong competition from virgin materials as prices for virgin resins have seen noticeable reductions in the past few weeks.

A recycler in Japan commented, ”We are having a harder time concluding deals these days due to steadily declining costs for virgin materials.” Another recycler in Malaysia also complained about the difficulty of making sales nowadays, adding, “Prices for virgin materials are becoming more competitive relative to recycled material.”
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