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Petchem EMEA Weekly Recycled Plastic Commentary / Two-tiered dynamic of the market continues despite a fall in naturalspot price / PRSE concludes amid generally positive sentiment

Petchem EMEA Weekly Recycled Plastic Commentary / Two-tiered dynamic of the market continues despite a fall in naturalspot price / PRSE concludes amid generally positive sentiment

Jun 27, 2024

"Depends on the quality as always, low-end grades going into lower applications have long demand, good supply, premiums holding well for clear or natural material," a distributor said. "Depends on the quality as always, low-end grades gong intolower applications have long demand, good supply, premiumsholding well for clear or natural material," a distributor said.However, natural pellet pricing slipped across the week on theback of slowing demand ahead of the summer period.Prices in the natural pellet market fell by Eur10 acrossthe week to Eur1,760/mt DDP NWE.Automotive grade material was heard holding a slight premiumto its counterpart in the virgin market, limiting appetite fromconsumers.In industry news, the annual Plastics Recyclers Europe Showin Amsterdam, the Netherlands, concluded on June 20.Despite the current weakness in market conditions, broadersentiment at the exhibition was positive, with...

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