[Recycled PE/PP Weekly Outlook] The Industry As A Whole Continues To Remain In A Weak Oscillating Consolidation Pattern

I. Focus Points

1、 7/10: The United States agreed to continue negotiations with Iran, easing market concerns over supply risks, and international oil prices fell.

2、 Polyethylene:Polyethylene market price increases Line type transaction price 7550-8300Yuan / tons, It is understood that, Although support from the cost side has weakened slightly and downstream purchasing has slowed, there is no obvious pressure in the short-term market. Most sellers are actively holding firm on prices and making shipments, with prices mainly rising, while overall market trading sentiment has begun to weaken. 。 Hua NorthLL market prices rose by 50-150 yuan. /ton ， East China rose by 100–150 yuan/ton, while South China rose by 1 00 Yuan /ton Polyethylene market prices are expected to consolidate within a range in the afternoon. 。

3. Polypropylene ： Futures prices edged slightly lower. Polypropylene spot prices have adjusted at high levels. Available resources in the market are limited, and traders’ offers remain at elevated levels. However, due to the off-season for end users, high-price transactions in the market are facing resistance, downstream buyers’ willingness to take delivery is insufficient, and deals are being negotiated on a spot basis. By midday, the mainstream price for raffia in East China was at 8,400-8,550 yuan/ton. 。

2. Price Form

Unit: yuan/ton

III. Market Outlook

Mainstream quotations in the recycled plastics market continued to trend downward, while virgin material prices bottomed out and rebounded, leading to a sustained narrowing and gradual widening of the price spread between virgin and recycled materials. Downstream plastic processing enterprises saw few new orders, with operating rates remaining at low levels for an extended period, resulting in weak enthusiasm for raw material procurement and sluggish trading in new orders for recycled pellets. At present, there are no substantive positive factors to support the market, and the industry as a whole remains in a weak, range-bound consolidation pattern.