Recycled pe/pp daily report: Downstream Product Demand Weak, Recyclers Cut Prices to Boost Sales

1 Today's Summary

① 、 May 25: The market was optimistic about the prospects for U.S.-Iran talks, and navigation through the Strait of Hormuz was also expected to gradually reopen, causing international oil prices to fall sharply.

2. PE market: Polyethylene market prices declined, with linear grade transaction prices at RMB 8,030–8,800/ton.

PP market:Futures continue to show a fluctuating downward trend during the trading session, with the market reporting fluctuations and declines in the morning, with a decrease of 50-150 yuan/ton.

2. Spot Overview

Table 1 Summary of Domestic Recycled PE/PP Prices (Unit: RMB/ton)

Based on the Shandong and Hebei regions, today's recycled PE Hebei high-pressure white transparent. First-level production The price of particles is 6,100 yuan/ton, Juxian EVA granules are 5,400 yuan/ton, Shandong Wahaha white granules are 5,150 yuan/ton, and the price of recycled PP high-quality transparent first-grade granules is 6,100 yuan/ton. Market prices are stable, and companies continue to fulfill orders from old customers, maintaining an atmosphere of market negotiation.

Figure 1 Price Trend Chart of Domestic Recycled PE from 2025 to 2026 (yuan/ton)	Figure 2 2025-2026 Domestic Recycled PP Price Trend Chart (CNY/ton)
Data source: Longzhong Information	Data source: Longzhong Information

3. Price Forecast

Domestic prices for both new and recycled materials have slightly retreated. End-market demand for downstream plastic products remains weak, enterprise operating rates have edged down, willingness to purchase raw materials is low, and the overall rhythm of order-taking across upstream and downstream has slowed. Some new-material prices have been pressured downward, finished-goods inventories at recycled-plastics companies continue to climb, and many small- and medium-sized traders are resorting to price cuts and low-price sales to move stock, while the virgin material market has generally remained stable. The industry currently lacks any substantive positive catalysts, and against the backdrop of persistently weak demand, the recycled-plastics market is expected to remain steady-to-weak in the short term.

4. Related Product Information

PE Market ： Polyethylene Market Prices declined, with linear-grade transaction prices at 8,030–8,800 yuan/ton. It is understood that macro news sentiment has weakened, and there are expectations of reduced support from the cost side. Market participants continue to offer discounts to ship goods, but downstream purchasing is weak, waiting for further guidance from the news flow; spot transactions are negotiated. In the North China LLDPE market, prices fell by 50–70 yuan/ton; East China fell by 20–50 yuan/ton; South China fell by 20 yuan/ton. It is expected that this afternoon… Polyethylene market Mainly through price concessions.

PP Market: Futures continued to decline amid fluctuations during the trading session. In the morning, the market quotes fluctuated downward, with losses ranging from 50 to 150 yuan per ton. Crude oil fell sharply, weakening cost support, and market sentiment remained cautious. Sellers followed suit by lowering prices, and trading activity was average. Downstream continued with just-in-time purchasing. As of midday, the mainstream price of East China drawn silk was between 9,600 and 9,850 yuan per ton.