The German market for Recycled High-Density Polyethylene (R-HDPE) has witnessed sustained upward price pressures and tight supply conditions in early May xxxx, according to market observations by ChemAnalyst. R-HDPE, a versatile plastic widely used in packaging and manufacturing, has experienced robust demand outpacing supply, leading to fluctuating prices driven by a combination of factors.
In mid-April, the price for R-HDPE light pellets on FOB-Hamburg basis started at moderate levels. However, by the end of April and in early May, prices had climbed significantly and got stabilized, reflecting a surge in demand and logistical challenges impacting supply chains.
Market analysts at ChemAnalyst stated that the R-HDPE market had been influenced by a complex interplay of factors. Rising freight costs, global trade disruptions, and speculative trading activities had all contributed to the upward price trajectory.
The domestic R-HDPE light pellet prices (FD-basis) in Hamburg followed a similar...
