The past month has brought a softening of prices for one key recovered resin but relative stability for another.
The past month has brought a softening of prices for one key recovered resin but relative stability for another.
The price of natural HDPE seems to have leveled out at a historically low level, falling only 0.6% over the past month.
The price of natural HDPE has decreased by nearly 5% over the past month, but color HDPE and PET have shown stability.
The price of natural HDPE has continued to drop and now sits well below its position a year ago, but recovered PET values have remained constant.
In its bid to improve the environment, the Chinese government is expected to further restrict imports of scrap plastics, although a specific timeline for action isn’t clear.
