The recycled material market price in North China has stabilized across the board, with recycled PE prices in Shandong ranging from 3700 to 4400.
Abstract: On March 27, the recycled plastic market in North China saw stable new prices in the morning! The recycled market in North China remained stable across the board, with no price adjustments for now. Recycled PE prices in Shandong are quoted at 3700-4400, while in Henan they are quoted at 5100-6425. There has not been a noticeable increase in orders from downstream factories, and in the short term, purchasing of raw materials is mainly driven by urgent needs with small orders. The continuous decline in the prices of new PE materials is dampening downstream purchasing sentiment, resulting in a slow overall transaction pace in the market.
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