Amid the generally low demand for recycled plastics, prices are coming under heavy pressure with little hope of a quick recovery. So long as we have high inflation, uncertainty in the financial markets and interest rate rises, consumers will remain reluctant to consume and current market conditions will remain the same. More than ever, regulation is essential to promote use of recycled content (...)

• Weakened commitment to recycled content targets while prime prices remain low
• Negative fundamentals continue to prevail for recyclers
• Combination of capacity and economic challenges

• Positive outlook for food-grade rPET demand
• Vietnam takes EPR leadership role in ASEAN region
• Global freight rates back to pre-COVID levels

• Markets generally stable
• Price increases for natural and colour HDPE
• Uncertainty surrounding where markets are heading

• Generally stable market conditions
• Approval of special levy on single-use plastic packaging
• Study identifies further growth in packaging recycling

• Range of negative factors lead to lower demand and consumption
• Prices generally in decline
• Good grades still in demand

• New regulations impact recycling market
• Elevated energy costs undermining plastics recycling
• High prices compared to virgin plastic

• Increased demand for recycled plastics
• Pakistan, India and Turkey are key buyers of UAE’s recycled plastics
• SABIC to complete first chemical recycling plant in Europe later this year

• Large number of active sellers for transparent LDPE granules
• Domestic market loses interest in PET
• E-scrap plastics in great demand