European
Recycled PET: The market sees mixed signals regarding demand-supply-
The demand for is increasing incrementally-
Lower offers heardThere
were mixed signals on the European recycled LDPE market in the week ending
March 22, as different sources provided conflicting information about the
demand-supply situation. According to a recycler source, there was a
slight increase in demand for translucent grade. The same source also
noted that although the demand was slightly higher, the price hadn't yet
responded, which suggests that the increase may be small and
inconsequential. Another trader source predicted an increase in
supply. The European recycling capacity for LDPE was expected to increase
with the opening of a new plant. The same trader said that new entrants
were eager to secure bookings and offered lower prices than the prevailing
market.European
Recycled LDPE Weekly Rationale...