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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

  • Slow bullish outlook for 2022
  • Arbitrage between Asia and Europe closed


Asian recycled low density polyethylene prices were stable amid thin trading Nov. 24


The outlook was bullish as undersupplied PE film is coupled with weak low value applications demand.

The arbitrage between Asia-Europe was closed as it was less than $200/mt and it remains difficult amid high freight costs and low volume of containers, traders said. Current shipping logistical issues means it will take longer for demand-supply balances to reach equilibrium, traders said.

Demand for recycled PE might pick up with more corporations moving toward green initiatives, and may displace some virgin PE growth in the medium to long term. Other barriers to increasing the supply of recycled plastics include poor quality of downcycled material, problematic additives in waste, limited waste collection schemes and illegal trafficking of waste plastic, all of which are expected to persist in 2022, traders said.

Export rules, such as those that slashed all mixed waste plastic scrap from Australia since July 2021, will tighten again in July 2022 to allow the export of only processed waste, further lowering scrap imports in Asia, sources said.

Asian Recycled HDPE Daily Rationale

Asian recycled low density polyethylene clear film pellets were assessed stable day on day at $1,270/mt FOB Southeast Asia Nov. 26 amid thin trade.


This rationale applies to symbol < ARNFA00>

Daily prices can be found on <PCA709>


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