Recycled Material Market Price: Southern China Recycling Market Remains Stable, Guangdong Recycled PP Reported at 3000-5950
Summary: New prices in the South China recycled plastics market for the morning of September 22! The South China recycled market is stabilizing, with recycled PP in Guangdong quoted at 3000-5950, and recycled PE in Fujian quoted at 5000-6050. The "Golden September and Silver October" provide some support to the market, but the recovery in demand is still below expectations. Meanwhile, new material prices remain low, leading to poor profitability for recycled pellet products. The market is expected to show a range-bound trend.
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