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European Recycled Polypropylene Price Assessment

  • What are Platts European Recycled Polypropylene price assessments?
  • How does Platts assess Recycled Polypropylene prices?
  • Platts European Recycled Polypropylene Weekly Commentary
  • Platts European Recycled Polypropylene Weekly Rationale

What are Platts European Recycled Polypropylene price assessments?

Platts recycled polypropylene assessments cover the following markets in Northwest Europe:

— Recycled PP Black Pellets DDP NWE

— Recycled PP Natural Pellets DDP NWE

The above markets are assessed on a daily basis in Eur/mt for spot material for delivery 3-30 days forward from the day of publication.

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).

How does Platts assess Recycled Polypropylene 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 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.

Platts European Recycled Polypropylene Weekly Commentary

  • Black pellets up Eur70/mt

  • Supply of lighter colored pellets limited


The European recycled polypropylene market climbed in the week to Oct. 13, as demand held strong amid tight feedstock supply.


S&P Global Platts assessed recycled polypropylene black pellets at Eur1,130/mt DDP NWE Oct. 13, up Eur70/mt day on day and week on week.

R-PP pellet prices moved higher during the week as demand outweighed supply. The supply of some grades was limited due to tighter availability of feedstock waste bales that hindered the output of some production lines, while higher feedstock costs lent support to pellet prices, market participants said.

“We see strong demand and lack of waste, so we have increased our price,” a producer said.

The supply of lighter colored pellets, such as, natural and white, was limited as production capacity in the market was below the buying appetite of consumers, according to sources.

Recycled PP prices have continued to strengthen through September and October, in contrast with the virgin market, which has seen a correction. PP copolymer spot prices were assessed at Eur1,800/mt FD NWE, unchanged on the week and down Eur100/mt from a month ago.

Platts European Recycled Polypropylene Weekly Rationale

S&P Global Platts assessed recycled polypropylene black pellets at Eur1,130/mt DDP NWE Oct. 13, up Eur70/mt on the day and on the week, moving toward a producer’s ex-works Poland indication at Eur1,100/mt, which was normalized to DDP NWE at Eur1,150/mt, based on an indication of cost for a single at Eur50/mt to Northwest Europe, and below another producer’s indication heard at Eur1,250-1,450/mt, which could not be corroborated, amid feedback of strong demand.


Natural pellets were assessed at Eur1,630/mt DDP NWE, up Eur60/mt on the day and on the week, moving toward a producer’s ex-works Poland indication at Eur1,600-1,700/mt, which was normalized to DDP NWE at Eur1,650-1,750/mt based on an indication of cost for a single at Eur50/mt to Northwest Europe, and below another producer’s indication heard at Eur1,900/mt and above, which could not be corroborated.


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