On the German waste plastics market, many recyclers continue to complain about lacklustre demand and pressure on their sales prices. Converters often feel they have their backs to the wall and in some cases have introduced short-time work. As of now, there are few or no signs of a spring rebound on the markets, EUWID was told. Sales volumes can only be planned for the short term, i.e., from week to week. April will likely be another difficult month for some recyclers, who, despite reducing production, have had to put 20-30 per cent of their regrind and recycled pellet output into storage.
Demand is often patchy: Some customers are ordering decent volumes, while others are not ordering at all. For polypropylene, some market participants say they have seen no recovery so far and sometimes had to sell regrind at lower prices in March than in the previous month. There also complaints about sales volumes for polyethylene film regranulate: The warehouses are full and even price cuts could not boost sales. Recyclers who do their marketing via trading houses or brokerages report that these had hardly any demand for their material. The market continues to be shaped by major uncertainty. The impact of the recession is now very evident in consumer spending and the construction sector.
Read the full report on the waste plastics market in Germany in March and access price tables and graphing tools here:
