South China Recycled Material Market Trades Sideways, Fujian Recycled PE Quoted At USD 5,000–5,850
Summary: Morning prices for the recycled plastics market in South China on March 6! The South China recycled plastics market remained stable across the board. In Guangdong, recycled PP was quoted at 4,800–5,100 RMB/ton; recycled PE at 3,800–5,500 RMB/ton; and recycled PET at 4,100–4,300 RMB/ton. In Fujian, recycled PE was quoted at 5,000–5,850 RMB/ton. The market is consolidating, with companies fulfilling prior orders and shipping goods. Demand remains weak, market sentiment is sluggish, and spot transactions are scarce.
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