Asian recycled PETE: Stable in a low waste collection■  Trading
thins■  A lack of waste feedstock hinders recyclingThe prices of Asian recycled low-density
polyethylene were stable despite low waste collection and thin trade on Sept.
21. Asia's
recycling industry was informal. Due to
low scrap import bans and low collection rates, recycling trading was sporadic. Sources said that the greatest challenge for 2022 and beyond
is ensuring sufficient global post-consumer trash supply to meet current and
future demand from new projects. Recyclers
said that plastic bag bans in many Asian regions have resulted in low-quality
polymer waste collections. Low economic
incentives have made it more difficult to source feedstock. Licenses are required for scrap plastic imports. These
licenses can be difficult to obtain. Sources
said arbitrage windows will remain open due to the prevailing freight rates,
healthy...