Our Price Explained
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What are European Recycled HDPE Price Assessments?
What are European Recycled HDPE Price Assessments?
Platts recycled-HDPE assessment complements our existing virgin HDPE assessments in Northwest Europe, providing market participants with a more complete view of the HDPE market and enabling them to compare market fundamentals and pricing.
Platts assesses recycling HDPE light-colored pellets, suitable for consumer packaging applications in Northwest Europe as well as the post-consumer mixed HDPE bales market.
Prices are assessed daily for free delivered material in EUR/mt.
Price assessments are complemented by a weekly commentary and rationale, which explains how the price assessment is reached and delves into the market fundamentals observed throughout the week.
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How We Assess European Recycled HDPE Prices
How We Assess European Methanol Prices?
Platts assessments are based on market information, including, but not limited to, firm bids and offers, and trades reported to the editor up to the close of business (4.30 pm London time).
All the information used to inform the assessment is published transparently on Platts platforms as "heards". An assessment rationale is published explaining what the assessments are and how they have been reached.
A daily market commentary accompanies the price assessments and rationale, which highlights the most important trends that have affected the markets that day and provides insight into what the market expects over the coming weeks.