North China Recycled Material Market Stays Stable, Henan Recycled PE Priced at 3500-6200
Summary: New prices for the North China recycled plastic market on the morning of October 20th! The North China recycled market remains stable across the board, with recycled PP in Tianjin reported at 2,850-5,400; recycled PE in Hebei reported at 5,050-6,400; and recycled PE in Henan reported at 3,500-6,200. Recycled manufacturers' production is relatively stable, and the increase in spot supply, coupled with on-site spot inventory, creates a situation where supply exceeds demand, which to some extent is bearish for the market.
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