[Reclaimed Material Market Price] Partial increases and decreases in the South China reclaimed market, with some recycled PE in Guangdong down by 50
Summary: On March 4th, the morning prices of the recycled plastic market in South China! The recycled market in South China sees local increases and decreases, with some recycled PET in Guangdong falling by 25, and some recycled PE falling by 50; recycled EPS in Fujian rises by 75-175, and recycled PE rises by 75. Entering the traditional peak consumption season in March, the operating rates of upstream and downstream manufacturers along the industrial chain gradually increase. As the weather warms up, the efficiency of raw material recovery improves, but compared to demand, the overall supply remains tight, with high costs providing firm support at the bottom for recycled pellets. Although there is a boost from the peak season atmosphere, prices are unlikely to see significant adjustments under the constraints of demand, thus short-term quotations will remain mainly stable.
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