【Recycled Material Market Price】Partial fluctuations in the East China recycled market, with recycled PET in Shandong rising by 25-100.

Summary: New prices for the recycled plastics market in East China on April 1! The East China recycled market experienced partial fluctuations, with Shanghai's recycled PE dropping by 100 in some cases; Shandong's recycled PP and PE saw mixed movements of 5-50, recycled EPS rose by 225-350, and recycled PET increased by 25-100; Jiangsu's recycled PE rose by 25-62, and recycled EPS increased by 200-300; Fujian's recycled EPS rose by 125-225. Overnight oil prices surged, boosting market sentiment, with expectations for large chemical fibers and new materials leaning positive, providing some support for recycled materials. However, weak terminal demand and sluggish production and sales at recycled fiber factories continue to drive cost control and price suppression, putting pressure on the recycled PET bottle flake market. Meanwhile, support from the supply side of raw bottles is expected to weaken as temperatures rise.