East China Recycled Material Market Sees Some Decline, Fujian Recycled PP Individual Drop of 300 to 5500
Summary: New Prices for the East China Recycled Plastics Market on the Morning of October 21! The East China recycled market is partially declining, with recycled PP in Shandong dropping by 50 in some cases, quoted at 2850-5800; recycled PP in Fujian dropping by 300 in some cases, quoted at 5500; recycled PE in Shanghai quoted at 2900-6500. Currently, there are not many orders in the downstream market. Coupled with the continuous decline in the price of new materials, downstream companies have a certain psychological tendency to lower prices and limit purchases, putting pressure on the sales of recycled materials.
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