Asian
recycled PETE: Slightly lower due to low demand- Long-term demand seen increasing- Restrictions
on plastic waste due to EU export banWeak
demand caused a slight decline in the Asian recycled low density
plasticethylene market over the seven days leading up to March
8. According to market sources, recycling demand is low due to a limited
supply of clean feedstock bales that can be recycled. This has resulted in low
waste collection yield. Asian recycled low density polyethylene natural
films pellets at $980/mt FOB Southeast Asia, March 8, up from $990/mtFOB
Southeast Asia, March 1. Participants expressed concern that the recent
regulatory changes would further limit plastic waste exports from the EU and
developing countries to the Organization for Economic Cooperation and
Development. With more companies moving to green initiatives, demand could
increase. This could reduce...