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PE recycled material is recycled polyethylene material, generally in granular form
.
PE recycled material market price and future supply and demand forecast in 2021
As the price of new materials rises, the price difference between old and new materials is close to 1,700 yuan / ton, and the high-voltage market of recycled PE has been significantly boosted
.
Chart: PE Recycled Material Market Price Reference
Source: China Waste Materials Network
The overall demand in November was weaker than that in October, but boosted by the new material market, the trading atmosphere in the recycling market was acceptable
.
In terms of PE, with the return of the Spring Festival holiday, funds poured into the commodity market, driving the strong operation of linear futures.
The inventory of production enterprises is at a low level in the past three years, and petrochemical sales pressure is small.
The supply of goods is relatively tight.
The downstream factories resume work and production normally, and the demand side has formed a certain support.
Petrochemical companies have sharply raised ex-factory prices, traders have followed suit, and terminal factories just need to replenish their positions, and market prices have risen sharply
.
However, after entering March, especially after the middle and late March, the linear futures operated at a low level, which did not give a strong boost to the market; the overall digestion rate of petrochemical inventories was slow, and the social inventory was high, and some warehouses were bursting; The enthusiasm of the supply source to obtain the goods has been continuously reduced, the shipments of petrochemicals and traders have slowed down, and the price of PE has fallen under pressure
.
After the budding period and the development period, the current recycled plastics industry is in a transition period
.
In the fierce market competition, whether companies and investors can make timely and effective market decisions is the key to success
.
