European Engineering Polymer & Recycle Grades
|Month: January 2015|
|R-PET Flakes Clear/Blue||780||850|
|R- HDPE Black Pipes (PCR*)||780||830|
|R- HDPE Black Pipes (PIR**)||920||980|
* (post consumer recycle)
** (post industrial recycle)
Demand was stable for engineering polymers in January while prices tracked a downward trend for commodities but not as sharp as styrenics (EPS/SAN), for which prices posted decreases of over €200/ton compared to December 2014.
The low ends of the ranges are mostly being formed by non-European cargoes even though the weak euro/dollar parity is causing imports to lose competitiveness. For February, players expect the current downward trend to remain in place.
For recycled grades, January orders were weaker than expected. Further price cuts are projected for February while the demand outlook is stable.
Price ranges reported include an average freight cost to the customers’ location, duties if applicable, but VAT is not included.
This initial update for the new ChemOrbis monthly report “European Engineering Polymer & Recycle Grades” is available on Plastics News for promotion this month and will be moved to a separate section, subject to an additional charge.
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