WorldScrap- PP new material trade remained lackluster due to the lack of demand while the scrap price picked up slightly this week, mainly from woven bag, non-woven fabric and the product. Scrap PP supply kept stable, but the high quality was tight and some traders were building stocks. As for the low quality, purchasers bargained at a very low level and the stocks moved slowly, which drifted the trade into stagnancy. It was estimated the price would keep a small wave in the next week. The latest price: white PP ton bag 4,200-4,800RMB/T, white PP non-woven fabric 6,000RMB/T, mixed-color PP scrap fiber 3,000-3,500RMB/T, PP regrind 4,600-5,000, white PP granule 8,000RMB/T, nature PP shred 9,800RMB/T.

(1RMB=0.1465USD)

WorldScrap
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