Platts to launch LDPE bales daily spot assessments for Northwest Europe

Due to increasing demand for transparent information on the recycled plastics markets, Platts, part of S&P Global Commodity Insights, will launch two daily spot assessments for post-use low density polyethylene bales in Northwest Europe, effective August 1, 2022.

The daily spot assessments will take into consideration price information gathered up to the close of the assessment process at 4:30 pm London time.

The new assessments in Eur/mt will have the following specifications:

Basis: Delivered duty paid, where applicable, within Northwest Europe.

Standard spot cargo size: Minimum 18 mt lots

Post-use LDPE Grade A Bales: 100% LDPE film sourced from distribution centres, retailers and companies, containing a minimum of 99% clear and a maximum of 1% non-clear LDPE film and label contamination.

Post-use LDPE Grade A bales are suitable for reprocessing into pellets with an MFI between 0.3-1.2 grams/10 minutes tested at 190 degrees Celsius/2.16 kg.

Platts defines this bale specification as Grade A, in line with market practice.

Pricing information received for material that does not conform to the above specification may be normalised.

Symbol: ARTPB00 (daily), ARTPB04 (weekly average), ARTPB03 (monthly average)

Post-use LDPE Grade B Bales: 100% LDPE film sourced from distribution centers, retailers and companies, containing a minimum of 98% clear and a maximum of 2% non-clear LDPE film and label contamination.

Post-use LDPE Grade B bales are suitable for reprocessing into pellets with an MFI between 0.3-1.2 grams/10 minutes tested at 190 degrees Celsius/2.16 kg.

Platts defines this bale specification as Grade B, in line with market practice.

Pricing information received for material that does not conform to the above specification may be normalised.

Symbol: ARTPC00 (daily), ARTPC04 (weekly average), ARTPC03 (monthly average)

The new assessments will be found on Platts Petrochemical Alert on pages PC0503, PC0574 and PC0441, in Platts price database, on Platts Market Center, on Platts Platform and in Polymerscan under the symbols listed above.

For comments or queries, please contact petchems@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if they are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available upon request.