Asia HDPE: Stable in thin trade■ Supply and demand balanced■ Thin Trading amid Chinese HolidaysSources said that prices for Asian recycled
high-density plastic ethylene were stable on Oct. 5, despite thin trading. A strong US dollar kept
import interest low, traders said. Plastic
converters stated that recycled blow molding grade HDPE saw a rise in demand
due to recycling commitments. Due to brand
commitments, prices for R-HDPE natural blow mold grade were even higher than
virgin HDPE blow mold grade. Yuan
10,000-11,000 per mt ex-works was the price of recycled material that has
received GRS and/or ISCC+ certification. The
recycled material sold at Yuan 5,000-6,000/mt ex–works without certification,
Chinese traders said. This was due to local pledges to reduce waste, stringent
requirements for some recycled grades, and the demand for it. Sources said that
black-colored pellets were...