The Recycled High-Density Polyethylene (R-HDPE) market in Germany witnessed moderate fluctuations in September xxxx, as prices changed throughout the month. By the end of the month, the price for R-HDPE light pellets grade on FOB – Hamburg basis settled at USD x,xxx per MT, indicating the market&#xx;s relatively balanced conditions during the month.
Despite some price instability, the overall growth in the R-HDPE market remained moderate, with a slight increase of xx observed in mid-September, followed by a x.xx decline in the subsequent week. Market observers at ChemAnalyst stated that the fluctuations were driven by a group of factors, including average demand increase from the packaging sector and an oversupply scenario that continued to affect the price trends.
During the first half of the month, the R-HDPE market was relatively stable, with prices holding stable for the first two weeks. However, in the middle of the...
