Price Assessment

Platts European Recycled LDPE Assessments

  • What are European Recycled LDPE price assessments?
  • How we assess European Recycled LDPE prices?
  • Weekly Market Commentary
  • Weekly Assessment Rationale

What are European Recycled LDPE price assessments?

Platts Recycled LDPE assessments complement our existing virgin LDPE assessments in Northwest Europe, providing market participants with a more complete view of the LDPE market and enabling them to compare market fundamentals and pricing.

Platts assesses recycled LDPE black, grey and translucent pellets derived from post-consumer waste with a melt flow index between 0.3 and 1.2 grams/10 minutes tested at 190 degrees Celsius/2.16kg, suitable for consumer packaging applications in Northwest Europe.

Prices are assessed daily for delivered duty paid 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.

How we assess European Recycled LDPE 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) on each day.

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 weekly market commentary accompanies the price assessments and rationale, which highlights the most important trends that have affected the markets that week and provides insight into what the market expects over the coming weeks.

Weekly Market Commentary

  • Availability seen tight
  • Feedstock, energy, logistical costs add to price pressure

The European recycled low density polyethylene market saw demand surpassing supply in the week to Jan. 12.

Demand for black, gray and translucent pellets was heard to be strong.

“Demand for translucent pellets has always been strong and is fairly stable,” one recycler said.

The R-LDPE market’s supply and demand balance has been tight in early-January, with some in the market seeing a shortage of availability.

Energy and logistical costs were heard to be maintaining support on pricing but that had not resulted in firmer spot pricing in the week for black and gray pellets, while the movement in translucent pricing was limited to a Eur10/mt increase on the week.

Feedstock availability was also heard to be a concern for recyclers in the week.

“Feedstock is expensive but if you pay the correct price, you can find the necessary feedstock to keep the production running,” another recycler said.

Weekly Assessment Rationale

S&P Global Platts assessed recycled low density polyethylene black pellets at Eur740/mt DDP NWE Jan. 12, unchanged on the day and on the week, at the top end of corroborated indications heard at Eur730-740/mt and considering feedback of good demand.

R-LDPE gray pellets were assessed at Eur810/mt DDP NWE, also unchanged on the day and on the week, within corroborated indications heard at Eur800-820/mt.

R-LDPE translucent pellets were assessed at Eur1,470/mt DDP NWE, unchanged on the day and up Eur10/mt on the week, above an uncorroborated indication heard Jan. 12 at Eur1,200-1,300/mt and below an indication heard Jan. 10 at Eur1,500-1,600/mt, considering a further indication Jan. 12 placing pricing over Eur1,500/mt at the higher end of the market.

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