Business remained challenging for plastics recyclers in Germany. It is almost impossible to implement price increases. Toll processing of regranulate has basically come to a standstill. Moreover, production costs are rising and customers are not calling off volumes; recycled pellet is practically unsellable.
There is ongoing talk in the market of sites being idled, mothballed or potentially sold. The industry's mood is gloomy, players are reluctant to invest and liquidity is tight.
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