Recycled-Linear Low-Density Polyethylene (R-LLDPE) Prices in China
- China: 766 USD/MT
The price of recycled-linear low-density polyethylene (R-LLDPE) in China for Q4 2023 reached 766 USD/MT in December. The latest report by IMARC Group, titled "Recycled-Linear Low-Density Polyethylene (R-LLDPE) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of Recycled-Linear Low-Density Polyethylene (R-LLDPE) prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Recycled-Linear Low-Density Polyethylene (R-LLDPE) Prices December 2023:
- China: 766 USD/MT
- Germany: 1064 USD/MT
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The study delves into the factors affecting Recycled-Linear Low-Density Polyethylene (R-LLDPE) price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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Recycled-Linear Low-Density Polyethylene (R-LLDPE) Price Trend- Q4 2023
The recycled-linear low-density polyethylene (R-LLDPE) market is driven by a combination of environmental, economic, and regulatory factors. Increasing awareness and concern about plastic pollution and sustainability have significantly boosted the demand for recycled plastics, including R-LLDPE. Moreover, consumers and businesses alike are prioritizing eco-friendly products, pushing manufacturers to adopt recycled materials to meet this growing demand. Economically, the cost advantages of using recycled materials over virgin plastics, due to the volatility in raw material prices and energy costs, make R-LLDPE an attractive option. Besides this, regulatory pressures are also a major driver, as governments worldwide implement stringent policies and incentives to reduce plastic waste and encourage recycling. For instance, the European Union's directive on plastic packaging and the growing number of bans on single-use plastics in various countries have catalyzed the adoption of recycled plastics. Additionally, technological advancements in recycling processes have improved the quality and consistency of R-LLDPE, making it more viable for high-performance applications.
Recycled-Linear Low-Density Polyethylene (R-LLDPE) Market Analysis
The global recycled-linear low density polyethylene (R-LLDPE) market size reached US$ 1455.1 thousand tonnes in 2023. By 2032, IMARC Group expects the market to reach US$ 1932 thousand tonnes, at a projected CAGR of 3.20% during 2023-2032. In Q4 2023, North America's R-LLDPE market saw a bearish outlook due to sluggish offtakes and reduced demand from downstream packaging and construction sectors. Oversupply along with low demand prompted suppliers to offer discounts, exacerbating market challenges. At the same time, some end-user procurements remained healthy, leading to discounted sales. In the U.S., pricing trends were influenced by the economic dynamics between virgin LLDPE and R-LLDPE, adding to the market's complexity and bearish sentiment. Along with this, the APAC market also faced a bearish outlook due to slow offtakes and weakening demand from the packaging and construction sectors. Additionally, oversupply and ample inventories prompted suppliers to offer discounts. Despite anticipated growth in electrical and lightweight materials adoption, market instability persisted. Besides this, Europe's market, particularly in Germany, faced challenges with reduced demand from downstream industries like packaging and construction. Meanwhile, oversupply, coupled with muted trading activities, led to softening prices despite efforts to balance supply and demand. Negative demand from downstream sectors, especially for recycled consumer goods and packaging materials compared to virgin LLDPE, drove the price down. Apart from this, the Middle East faced challenges with weak demand from the packaging and construction sectors, leading to oversupply and high inventories. Arabia also experienced price declines due to poor demand projections from downstream industries.
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Key Points Covered in the Recycled-Linear Low-Density Polyethylene (R-LLDPE) Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Recycled-Linear Low-Density Polyethylene (R-LLDPE) Prices
- Recycled-Linear Low Density Polyethylene (R-LLDPE) Price Analysis
- Recycled-Linear Low-Density Polyethylene (R-LLDPE) Demand & Supply
- Recycled-Linear Low-Density Polyethylene (R-LLDPE) Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Recycled-Linear Low-Density Polyethylene (R-LLDPE) Price Analysis
- Recycled-Linear Low-Density Polyethylene (R-LLDPE) Industry Drivers, Restraints, and Opportunities
- Recycled-Linear Low-Density Polyethylene (R-LLDPE) News and Recent developments
- Global Event Analysis
- List of Key Players
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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