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Recycled Polymers - Europe February 2016

by ChemOrbis Editorial Team - content@chemorbis.com
  • 24/02/2016 (16:32)
Month: February 2016

Month: February 2016
€/ton €/ton
Recycled Grades MinMax
R-PET Flakes Clear/Blue 680810
R- HDPE Black Corrugated Pipes (PIR**)9301000
R- HDPE Black Pipes (PIR**) 8501100
R- LDPE Black Film (PCR*)700850
R- LDPE Film (PIR**)11001200
R- homo-PP black injection(PIR**) 830860
R- homo-PP injection (PIR**)890910
R- PPBC injection (PIR**)8001080


* (post consumer recycle)
** (post industrial recycle)

R-PET prices posted decreases of up to €20/ton during February. Although players had been anticipating lower prices, the decrease amounts were less than expected, especially on the buyers’ side. R-PET prices registered decreases from €10/ton to €20/ton over the last month, recording smaller reductions when compared with virgin PET. R-PET clear grade posted smaller reductions compared to the light blue grade owing to its higher quality. Some buyers decided to limit their purchases of R-PET, for which prices were very close to virgin PET prices. According to a seller, the modest decrease posted by R-PET is linked to stable price levels for post-consumer bottles. Supply and demand are balanced and sellers hope to see a stabilization in the virgin PET market in March as they aim to maintain their prices.

R-HDPE grades tracked a stable to slightly softer trend in February as prices were reported with rollovers to reductions of €20/ton from January. Players reported that supply and demand remained in balance in February, even though demand was slower compared to last month, probably due to the bearish trend in the PE market. A recycler commented, “If the PE market stabilizes next month, R-HDPE prices could remain steady as well. Otherwise, we will have to concede to some reductions due to the narrowing gap between virgin PE and recycled PE.”

R-LDPE prices were reported with rollovers to decreases of €50/ton compared to January. A seller reported revising his prices downward due to the narrower gap with LDPE prices. A recycler commented that he decided to keep his prices stable this month, but he thinks that he will concede reductions of around €20/ton on his R-LDPE black film prices for March as there is a surplus of supply for this product in Europe due to weak demand from the export market. A buyer reported making some purchases with rollovers this month, but he added that he expects to see a price reduction for next month.

R-homo PP grades followed a downward trend in February, posting decreases from €20/ton to €50/ton with respect to January. R-homo prices posted stronger reductions compared to R-PPBC, for which supply is tighter. A seller commented that demand is good for R-PPBC while supply is not ample. The seller also added that he expects to see a stabilization in March, while prices may start to increase as of April owing to the beginning of high season. Another seller reported that some buyers were negotiating in order to obtain stronger reductions due to the narrower gap between R-PP prices and virgin PP.

Price ranges reported include an average freight cost to the customers’ location as well as duties if applicable, although VAT is not included.
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