Report for Middle East

Although granular pricing data for the second quarter are not publicly reported, the continued market expansion in mechanical and chemical recycling signals steady demand for scrap materials.

The UAE’s bans on single-use plastics and also tariffs are stimulating local recycling and scrap collection. UAE facilities such as the Beeah-Veolia rPET plant are increasing feedstock offtakes, although local quality remains a constraint. Mechanical recycling is still dominant but is reaching local capacity limits, while fast-growing chemical recycling is ramping up with major new projects.

In terms of market outlook, continued firmness is expected for high-quality streams, particularly with the rapid growth in chemical recycling which demands cleaner feedstock.

Meanwhile, mixed and lower-grade scrap is likely to remain oversupplied, keeping prices soft.

Slower clearance of imports may support domestic scrap prices, especially high-grade materials.