It seems as if the market in Western Europe has run out of steam for 2018. Even before many processors and recyclers were shutting down plants and operations for the holidays, recyclate prices already lost most of their momentum in December.

Only rPP and transparent rLDPE grades reacted to the quite significant discounts on virgin polyolefins – but even then, only modest price reductions were to be had. Recycled HDPE and opaque grades of rLDPE, rPS and rPET, on the other hand, have remained completely unimpressed by the development of virgin material prices.

Many processors and recyclers had already prepared themselves for the Christmas holidays. Supply and demand were correspondingly low. Most market players did not restart production until the second calendar week of 2019. For lack of stimuli, recyclate prices cannot be expected to make any significant movements in the weeks to come.