The German market for Recycled High-Density Polyethylene (R-HDPE) has been experiencing a period of relative stability in terms of pricing, though recent trends show a gradual increase in prices. As of the second week of August xxxx, the price of R-HDPE light pellets grade, on FOB-Hamburg basis, is recorded at USD x,xxx per metric ton. This marks a substantial price growth trajectory from previous months, exhibiting the changing dynamics within the sector.
From May to August xxxx, the price of R-HDPE has seen an overall upward trend, though with fluctuations. Initially, the price remained steady at USD x,xxx per metric ton through June and into early July. This period of stability was interrupted in mid-July when prices began to rise, topping at USD x,xxx per metric ton by early August. The collective percentage increase from the end of June to early August stands at approximately...
