David Platt Markets Editor, Sustainable Plastics [email protected] See All Staff Page Recent Stories European recycled resin prices on the rise Standard recycled plastics prices began the new year with a hike. In January, recycled PET prices increased €15-20 per metric ton, the first increase since July 2022. European polyolefin resin prices surge on shipping, supply concerns Standard thermoplastics markets began 2024 quietly with very little price movement in either direction. But polyolefin prices took a surprisingly sharp upward turn during the first two weeks of February. Europe's recycled PET downward price spiral finally ends In December, recycled plastic price movements varied widely. R-PET prices dipped by €10-20/tonne, R-HDPE, R-LDPE and R-HIPS prices were mostly stable. November European recycled resin prices vary, demand subdued In November, recycled plastics price developments presented a mixed picture. R-HDPE and R-LDPE prices had edged higher in October for the first time since summer 2022. European resin prices fall amid reduced feedstock costs, weak demand In November, standard thermoplastic prices fell across the board largely because of a reduction in feedstock costs and weak demand. Feedstock costs drive European resin prices in balanced markets European standard thermoplastic prices are closely following feedstocks cost developments in well-balanced markets. Recycled PET prices, margins remain under pressure in Europe Higher virgin material prices are supporting a boost in recycled polyethylene prices in Europe. Higher feedstock costs spur European polymer price increases Recycled resin prices in Europe continue their fall The European recycling industry has, for the most part, continued to suffer from falling prices and profitability during the last two months. Weak demand restrains producers’ planned resin price hikes in Europe In September, standard thermoplastics resin prices in Europe registered strong price gains driven by higher upstream costs. Subdued sales, larger supplies prompt resin prices drops in Europe European standard thermoplastic prices fell across the board in June because of persistent weak demand, lengthening supply and lower feedstock costs.