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Major customers and classical case > NEWS
Market Movement of Scrap Plastics in China
Publisher:tracy  Date:2011-9-17


HDPE
Today, domestic quotations of HDPE edged up with tight supply. Goods holders made active shipment as downstream buyers placed orders with passion, conducive to a stable trading volume and a better attitude amid traders over market performance. Latest price: HDPE milk bottle shred 6500 RMB/ton around.

HIPS
Today, domestic prices of HIPS scrap saw hikes in several varieties due to the thin supply. With small goods stocks, holders mainly made operations according to market conditions. In the downside, users purchased on demand in the main. As a whole, the trading situation enjoyed a bit improvement anyway. Latest price: HIPS natural color wire reel regrind 9800-10200 RMB/ton.

PVC
Today, domestic movement of PVC scrap went with temporary stability. Upstream suppliers were eager to deliver goods whereas downstream receipt was slack in the wake of low operating rate, leading to a tough situation for deals. The orders were mainly placed on the basis of actual demand at small amounts, along with the watching attitude. It's predicted that the future trend would stay stable for the large part, but still bear the possibility of a decline. Latest price: PVC card frame 5500 RMB/ton.

PET
Today, domestic market of PET scrap largely performed calmly with sober mentality dominating traders, among whom most took a wait and see stance over the afternoon session. However, downstream buyers received goods with prudence, showing little interest to replenish the stock owing to the bland demand. Latest price: PET blue and white washed flake 8800-8900 RMB/ton.

PP
Today, domestic prices of PP scrap remained the same as yesterday. Traders made flexible operations with calm stance. Thanks to the sufficient foreign source supply, market trade performed steadily with sucess. Latest price: PP clear regrind 10100-10300 RMB/ton around.

PC
Today, domestic trade of PC scrap went as usual. Goods holders made smooth delivery with an active selling interest and downstream buyers purchased on stable demand, contributing to a fair trading sentiment in the main. Latest price: PC clear disposable nozzle product 16000 RMB/ton around.

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