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Recycled plastic morning update: Market Expected to Continue Weak Consolidation Today

JLC 2026-06-16 09:49:06

Unit: USD/barrel; all other prices are in CNY/ton.

Product Name	Product Categories	2026-06-12	2026-06-15	Price change percentage	Advance-decline ratio
	WTI	84.88	80.75	↓4.13	↓4.87%
	Brent	87.33	83.17	↓4.16	↓4.76%
Recycled LDPE	Hebei high-pressure white transparent primary pellets	6000	6000	0	0.00%
Recycled LLDPE	Hebei white transparent first-grade granules	5450	5450	0	0.00%
Recycled HDPE	Shandong Wahaha White First-Grade Granules	5150	5150	0	0.00%
Regenerated PP	Shandong white transparent first-grade granules	6200	6200	0	0.00%
Recycled EPS	Guangdong Premium Large Granules	5550	5550	0	0.00%
Recycled PET	Shandong cold-water blue and white flakes	4075	4075	0	0.00%
Recycled PVC	Jiangsu White Transparent Premium Granules	4450	4450	0	0.00%
Recycled ABS	Gray-white crushed stone from Baoding, Hebei	4900	4900	0	0.00%
Recycled PA	Jiangsu first-grade white particles	9100	9100	0	0.00%
Refurbished PC	Zhejiang Lampshade Breakage (Deplating)	9050	9050	0	0.00%
Special attention: Translate the above content into English and output only the translation, without any explanation. On Monday, June 15, the United States and Iran reached a memorandum of understanding on a ceasefire. Easing geopolitical tensions in the Middle East and optimistic expectations that the Strait of Hormuz would remain open weighed on oil prices, sending international crude prices lower at the close. The NYMEX WTI July crude oil prompt contract settled down $4.13 per barrel at $80.75 per barrel, a decline of 4.87%. The ICE Brent August crude oil prompt contract settled down $4.16 per barrel at $83.17 per barrel, a decline of 4.76%.
Morning Reminder: Yesterday, the recycled plastics market was largely stable with minor fluctuations. Prices of recycled PVC and recycled PC fell in some cases, while other varieties remained rangebound. On the crude oil front, the U.S. and Iran reached a ceasefire memorandum of understanding, easing geopolitical tensions, and international oil prices plunged by more than 4.7% at the close. The sharp drop in crude oil weighed on cost expectations for virgin materials, putting pressure on the price spread between virgin and recycled materials to narrow. Coupled with weak off-season demand, the recycled market was under overall pressure. The recycled plastics market is expected to continue weak consolidation today, with some areas still facing the risk of further declines. Attention should be paid to the actual extent of price declines in virgin materials.
Remarks: (1) Crude oil prices are tax-inclusive, while prices for recycled plastic products are tax-exclusive reference prices. (2) Price selection time: use the previous trading day and the trading day before the previous one; purpose: compare the prices of the two days to determine the price increase or decrease, and obtain the market average reference value. (3) Regional Selection Principle: Focus on key plastic distribution and consumption areas.

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Recycled plastic morning update: Market Expected to Continue Weak Consolidation Today

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