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EMEA Weekly Recycled Paper Commentary / Imminent seasonal decline in demand dampens consumer appetite / Specification and downstream applications remain primary determinants of pricing level

EMEA Weekly Recycled Paper Commentary / Imminent seasonal decline in demand dampens consumer appetite / Specification and downstream applications remain primary determinants of pricing level

Jun 20, 2024

Players form across the global recycled polypropylenetravelled to Amsterdam, the Netherlands, on June 19 for the 2024Plastics Recyclers Show Europe trade fair, a major event for thesector's players.Sentiment at the exhibition, which runs until June 20, wasgenerally mixed to optimistic, with a current downturn in marketfundamentals failing to fully quieten participant positivityregarding the longer-term potential growth of the sector.As a result of the event, broader market activity was quietacross the week, exacerbated by generally muted demand aheadof summer seasonal downturn.General derivative appetite for material remained weak, whilesupply was noted to be decent by sources.Specification and the strength of derivative markets remainedthe primary factor in setting prices, with material designed forconstruction, automotive and gardening industries weak, clippingpull for black and colored materials.By contrast, stronger demand for natural pellets was seen asa...

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