[Reclaimed Material Market Price] The reclaimed material market in East China is experiencing local fluctuations, with some recycled PE in Shanghai down by 100
Summary: On March 20th, the morning prices for the recycled plastic market in East China! The recycled market in East China is partially fluctuating, with some recycled PE in Shanghai down by 100; some recycled PP, PE, and PET in Shandong up or down by 5-50, recycled EPS up by 225-300; recycled PE in Jiangsu up by 25-62, recycled EPS up by 200-275; recycled EPS in Fujian up by 125-225. Recycled enterprises operate cautiously, mainly supplying orders for old customers, flexibly scheduling production, and focusing on actual order negotiations. Downstream purchases are made as needed, with a flat market buying and selling atmosphere. There is limited increase in orders within the market, with general inquiry and purchasing atmosphere, and a strong wait-and-see sentiment. The price of new materials in the market is slightly weak, and the narrowing gap between new and old material prices provides no support to the market, so recycled enterprises sell according to the market trend.
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