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Asian Recycled Low Density Polyethylene (LDPE) Price Assessment

  • What are Asian Recycled Low-Density Polyethylene price assessments?
  • How does Platts assess Recycled Low-Density Polyethylene prices?
  • Asian Recycled LDPE Weekly Commentary
  • Asian Recycled HDPE Daily Rationale

What are Asian Recycled Low-Density Polyethylene price assessments?

Platts recycled low-density polyethylene assessment covers the following market in Southeast Asia:

— Recycled LDPE Natural Film Pellets FOB Southeast Asia

The above markets are assessed on a daily basis in $/mt for spot material loading 15-30 days forward from the day of publication from the following ports:

• Port Klang, Malaysia
• Bangkok, Thailand
• Jakarta, Indonesia
• Singapore
• Batangas, Philippines
• Cat Lai, Vietnam

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 Singapore Time).

How does Platts assess Recycled Low-Density Polyethylene 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 Singapore time).

All the information used to inform the assessment is published transparently on S&P Global 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.

Asian Recycled LDPE Weekly Commentary

  • Demand outweighs supply availability
  • Asian recyclers target European demand


Asian recycled low density polyethylene prices rose Jan. 26, due to tight supply.


Prime polyethylene increased on the back of higher crude production costs.

Asian recyclers were trying to meet European demand. Fiber was the dominant low-end market application with around 40% share, market sources said.

Recycled PE demand to meet government legislation and corporate commitments seemed to outweigh supply availability, traders said.

Western countries have faced a supply shortage while trying to meet regulations. Estimates have put the shortfall at $1 billion, traders said.

The use of recycled PE was likely to rise, due to an increase in demand in the key Europe market that has placed a levy of Eur800/mt on non-recyclable plastics packaging. Traders said 30% recycled content requirement for all plastic packaging in the UK by April 2022, with recycled material making up 55% of packaging by 2025, was increasing global recycled PE demand.

Recycled global high density polyethylene demand is likely to stand at 3 million mt in 2022, or 11.2% of Asian HDPE demand, on the assumption that many Asian recyclers would be recycling for western subsidiaries in Asia, according to Platts analytics.

Recycled global LDPE would be at 0.5 million mt/year in 2022, or 4% of Asian LDPE demand, and recycled linear low density polyethylene demand would be at 0.9 million mt, accounting for 4.2 % of Asian LLDPE demand, as per Platts Analytics data.

Asian Recycled HDPE Daily Rationale

Recycled LDPE film pellets were assessed stable day on day at $1,120/mt FOB Southeast Asia Jan. 28 in thin trade.


This rationale applies to symbol <ARNFA00>


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