【Recycled Material Market Price】The recycled market in South China shows some localized increases, with recycled PP in Guangdong rising by 100.
Abstract: On March 26, the early session new prices for the recycled plastic market in South China! The recycled market in South China saw some increases, with some grades of recycled PP in Guangdong rising by 100 and some grades of recycled PE falling by 50; recycled EPS in Fujian increased by 125-225. Currently, there are insufficient positive factors in the market, and short-term demand remains weak. Downstream manufacturers have few orders, and their attitudes are cautious, purchasing as needed, and they are not very accepting of high-priced goods. Recycled producers are operating flexibly, increasing their output, and the overall supply of goods is relatively abundant in the short term. The substitute material prices continue to be weak, which is detrimental to the recycled material market.
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