[recycled pe/pp daily review] market news remains quiet, recycled companies offer discounts in quotes

1 Today's Summary

① On June 5th, the market remains optimistic about the prospects of U.S.-Iran talks, and supply concerns continue to ease, leading to a decline in international oil prices.

PE Market Polyethylene Market Price adjustment: transaction prices for linear grade are RMB 8,100–8,500/ton.

③. PP market: Futures opened higher and fluctuated upwards, with market prices rising by 40-100 yuan/ton in the morning.

2. Spot Overview

Table 1 Domestic Recycled PE/PP Price Summary (Unit: Yuan/Ton)

Based on the Shandong and Hebei regions, today’s recycled PE Hebei high-pressure white transparent. First-Class Construction Pellets closed at RMB 6,100/tonne, Juxian EVA reprocessed pellets closed at RMB 5,400/tonne, Shandong Wahaha white pellets closed at RMB 5,150/tonne, and recycled PP white transparent premium Grade I pellets closed at RMB 6,100/tonne. Market quotations remained stable, enterprises continued to fulfill orders from regular customers, and the market bargaining atmosphere persisted.

Figure 1 Price Trend of Domestic Recycled PE from 2025 to 2026 (Yuan/Ton)	Figure 2 Price Trend of Domestic Recycled PP in 2025–2026 (Yuan/ton)
Data source: Longzhong Information	Data source: Longzhong Information

3. Price Prediction

Recently, domestic new materials have experienced fluctuating runs, with futures slightly strengthening, leading to price increases in certain spot markets. There is a noticeable divergence in the performance of different categories, with most quotes declining. Recycled enterprises are accumulating inventory, and the price gap between new and old materials is narrowing. Small and medium-sized merchants are quoting weakly, and transactions generally involve concessions. Downstream manufacturing plants are seeing both orders and operating rates weaken, resulting in low purchasing intentions. It is expected that the recycled materials market will maintain a weak trend in the short term.

4. Relevant Product Information

PE Market ： Polyethylene market Price adjustment: transaction prices for linear products were 8,100-8,500 yuan/ton. It is understood that support from the cost side has weakened, but downstream factories had restocking demand at the beginning of the week, and market trading sentiment improved, with a few sellers slightly raising prices while the rest mainly offered discounts. In North China, LL market prices fell by 20 yuan/ton, rose by 50 yuan/ton in East China, and remained stable in South China. It is expected that this afternoon... Polyethylene Market Price adjustment.

PP Market: Futures opened higher and fluctuated upward, with market prices rising by RMB 40–100/ton in the morning. On the supply side, the positive impact of maintenance turnarounds was realized, supporting spot market offers. On the cost side, rising international oil prices slightly eased bearish market sentiment. However, weak demand persisted, while global economic inflation further increased pressure on the export market. Taking all these factors into account, The market is expected to see high prices but weak trading activity in the near term, with the risk of loosening at elevated levels. By midday, the mainstream price of draw-textured wire in East China was 9,750-9,900 yuan/ton.