The U.S. market for Recycled High-Density Polyethylene (R-HDPE) has experienced steady pricing this week, reflecting a blend of market forces including supply consistency and fluctuating demand across several industries. According to the market analyses by ChemAnalyst, over the past month, the price for R-HDPE natural pellets on FOB - Houston basis has remained stable, with the latest figures showing a price of USD x,xxx per metric ton.
Throughout March xxxx, the R-HDPE market displayed initial volatility, with prices climbing due to an uptick in production activities and an increase in export orders, especially for applications such as outdoor piping. This surge was influenced by heightened demand from the packaging industry, which balanced out the oversupply created by ramped-up production levels. Despite these fluctuations, prices settled back down towards mid-month, maintaining stability in the face of ongoing market activities.
As April unfolded, the R-HDPE market initially held...
