In February ****, supply chain limitations and changing demand dynamics caused price fluctuations in Germany&#**;s R-LLDPE (Recycled Linear Low-Density Polyethylene) market. The month began steadily, but during the second and third weeks, prices increased by ** every week as supply tightened, and demand kept on increasing. Strong buying and limited supply were the causes of this steady increase.
But by the last week, the sentiments of the market changed, and R-LLDPE prices fell by **, reaching USD *,*** per MT on FOB – Hamburg basis for translucent pellets grade. Major end users&#**; cautious purchasing habits and inventory adjustments, which aimed to reduce the possible risks associated with price corrections, were major factors in the trend change.
German recyclers&#**; supply shortages were the main cause of the mid-month R-LLDPE price increase. Due to challenges in obtaining enough feedstock post-consumer LLDPE bales, domestic production got affected, which...
