The latest pricing charts can be accessed here.
In July, the downward price pressure on standard recyclate eased for higher quality grades; however, prices for most lower specification material remained under pressure.
This month, the price of most classes of standard recyclate materials are being rolled over with a small price uptick for higher quality grades.
While volume calls across most types of standard recyclate picked up slightly during the second quarter of the year, demand for recyclate still remained well below normal levels during July and August. The summer holiday season depressed demand even further over the last two months. The R-PET sector is the exception; demand for R-PET clear flake remains close to normal levels as beverage sector demand is more resilient than expected.
Recyclers have continued to run their plants at reduced rates over the last two months, apart from the R-PET sector, where plant operating rates are close to normal levels.
R-PET prices were largely unchanged in July as costs stabilised while demand remained at a normal level. In August, R-PET clear food-grade pellet prices and clear flake prices edged €10/tonne higher.
R-LDPE prices mostly rolled over in July in a fairly well-balanced market in which low output closely matched low demand. This month, R-LDPE natural film and translucent film prices are up by €10/tonne.
Last month, R-HDPE coloured blow moulding pellet prices remained unchanged and black injection moulding pellet prices fell €10/tonne. Costs continued to fall; there were few signs of a pick-up in demand. In August, the fall in black injection moulding pellet prices has been reversed while coloured blow moulding pellet prices were rolled over once again.
R-PP prices increased by €10/tonne in July as producers curbed output levels further in response to the low order intake. R-PP prices remain unchanged this month in a well-balanced market.
R-HIPS prices dipped by €10/tonne July due to much lower virgin material prices and weak demand. R-HIPS prices are stable this month.