Recycled High Density Polyethylene Prices | Chart | Index | News

 

Recycled High Density Polyethylene Price in USA

• United States: 1547 USD/MT Natural Pellets

In Q4 2023, because of decreased costs for virgin HDPE and higher rates of post-consumer product collection, recycled high-density polyethylene (R-HDPE) had problems in the USA. 

The latest report by IMARC Group, titled "Recycled high density polyethylene Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of recycled high density polyethylene prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

Recycled High Density Polyethylene Prices December 2023:

• United States: 1547 USD/MT Natural Pellets
• China: 787 USD/MT Blow Moulding
• Germany: 1112 USD/MT Light Pellets
• Saudi Arabia: 784 USD/MT Injection Moulding spot

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The study delves into the factors affecting recycled high density polyethylene price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

Request For a Sample Copy of the Report: https://www.imarcgroup.com/recycled-high-density-polyethylene-pricing-report/requestsample

Recycled High Density Polyethylene Price Trend- Last Quarter

The global market is majorly driven by the growing awareness and regulatory pressures surrounding environmental sustainability which are pushing industries and consumers towards more eco-friendly materials, driving the demand for HDPE. Governments worldwide are implementing stricter regulations on plastic waste management and promoting recycling initiatives, thus propelling the market. Additionally, the cost-effectiveness of R-HDPE compared to virgin HDPE makes it an attractive option for manufacturers seeking to reduce production costs while maintaining material quality. The increasing applications of R-HDPE in packaging, construction, and automotive industries, due to its durability and versatility, are further contributing to market growth. Moreover, continual advancements in recycling technologies are enhancing the quality and efficiency of R-HDPE production, making it more viable for high-performance applications.       

Recycled High Density Polyethylene Industry Analysis

In Q1 2024, the North American R-HDPE market saw moderate price volatility with a general upward trend. Starting at USD 1650/MT for natural pellets on a FOB – Houston basis, prices remained stable in January amid a balanced demand-supply environment despite competition from cheaper scrap HDPE and a seasonal domestic slowdown. A late January dip due to increased inventories and reduced demand was followed by a rebound in February, driven by heightened demand for outdoor pipes and rising export orders from France. Limited availability and higher ethylene costs posed supply challenges, but prices adjusted to USD 1700/MT by the quarter's end, stabilizing amid balanced market conditions. In Q1 2024, the APAC R-HDPE market saw a modest decline in prices from USD 790/MT to USD 750/MT on a FOB – Tianjin basis. The quarter started stable, but higher collection rates of post-consumer products and cheaper scrap HDPE led to material surplus and market saturation.          

In Q1 2024, the European R-HDPE market experienced moderate fluctuations. Prices for R-HDPE Light Pellets on a FOB - Hamburg basis started at USD 1110/MT, initially stable due to balanced demand-supply dynamics and ample inventory. Mid-January saw a slight price increase due to higher spot purchasing. Early February brought a price drop amid bearish sentiments and higher feedstock costs, influenced by geopolitical tensions in the Middle East. Prices stabilized at USD 1075/MT by late February and early March, with a minor rebound in mid-March reflecting cautious optimism. Challenges included weak demand from construction and packaging sectors and increased transport costs, but supply met the subdued demand. In Q1 2024, the MEA R-HDPE market experienced price volatility within a narrow range. Prices started at USD 760/MT on a spot ex–Riyadh basis due to ample supply, average overseas demand, and high post-consumer product collection rates.     

Regional Price Analysis:

• Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
• Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
• North America: United States and Canada
• Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
• Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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