Recycled Material Market Prices Fall in Some Areas of East China, Recycled Pe in Shandong and Recycled Pet in Zhejiang Drop by 50-100
Summary: Morning prices for the recycled plastics market in East China on April 23! The recycled plastics market in East China saw localized declines. In Shandong, recycled PE prices dropped by 50 RMB in select cases, now quoted at 2,300–6,120 RMB/ton. In Zhejiang, recycled PET prices fell by 100 RMB in some instances, now at 4,200–4,800 RMB/ton. Market activity remains quiet and stable, with downstream buyers maintaining only routine, needs-based procurement and low trading sentiment, with actual deals negotiated on a case-by-case basis.
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