This week, the high-pressure regeneration market is mainly affected by supply and demand, costs, and substitutes. Due to factors such as low orders and high temperatures, the production of recycled manufacturers is unstable, and some manufacturers are in a state of shutdown. Downstream product manufacturers are cautious in purchasing and have low acceptance of high priced materials, resulting in slow transactions. Recently, the operating load of recycling manufacturers has not been high, resulting in a slowdown in upstream raw material procurement. In order to stimulate sales, packaging stations have lowered prices. However, despite a slight reduction in costs, the overall situation remains high, with support mainly for recycled materials. In addition, there has been some fluctuation in the prices of new materials recently, and the price difference between old and new materials has slightly narrowed, but overall it is within a reasonable range and has not yet formed a significant negative impact on the recycling market. As of August 8th, the mainstream transaction volume of washed wrap film and flat film primary film was 4,200 RMB/ton (with a particle yield of 90%), a decrease of 50 RMB/ton from last week and unchanged from the same period last year; The mainstream transaction volume of EVA granulation is 5,900-6,150 RMB/ton, which is the same as last week but a decrease of 25 RMB/ton compared to the same period last year.

The market price of recycled PE is mainly affected by supply and demand, cost, and substitutes. In terms of demand, there are not many new orders from product manufacturers, resulting in low production and slow demand release; In terms of supply, the production of recycled manufacturers is unstable, and some are in a state of shutdown, slightly easing inventory pressure; In terms of cost, the supply of raw materials is generally average, and packaging stations are reluctant to sell at low prices, resulting in stable prices; In terms of new materials, there are expectations of an increase in domestic petrochemical supply, slow demand follow-up, and a slight decline in prices. However, the price difference between new and old materials is within a reasonable range, which mainly supports the recycling market. Overall, the supply and demand in the recycling market are weak, and the pace of market transactions is slow. The price difference between new and old materials is within a reasonable range, coupled with the high cost of raw materials, leading to a reluctance to sell at low prices among recycling manufacturers. Zhuochuang Information predicts that prices may remain stable next week. Expected mainstream negotiations for EVA granulation range from 5,900-6,150 RMB/ton; The mainstream price for Wahaha white granules is 5,700-5,800 RMB/ton.

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