Scrap Metal Prices

ABS
Domestic ABS price was lower by 200 RMB/T. Goods holders shipped positively and buyers procured sluggishly. Trading volume was small. Latest Market Price: Abs regrinds of computer chassis 5,600-6,000 RMB/T.

PP
Domestic inquires for PP scrap were much more. Goods holders were reluctant to sell and downstream buyers procured on demand. Transaction goods were mainly granules and goods to port were small. Traders were optimistic about the future market. Latest Market Price: PP ton bags 4,600 RMB/T.

PMMA
Domestic PMMA scrap transacted acceptably. Close to weekend, buyers procured positively and traders were optimistic about the future market. Latest Market Price: PMMA mixed-color shred materials 8,300 RMB/T.

PET
Domestic PET market was stable. Supply source was general. Traders were cautious to do business. Downstream buyers procured on demand. Latest Market Price; PET green flakes 4,700-5,100 RMB/T.

PA
Domestic PA supply was adequate and downstream demand was weak. Futures were the main goods. Manufacturers procured on demand and cautiously received goods. Trading volume was small. Latest Market Price: PA shred materials 10,000 RMB/T.

PS
Domestic supply of PS shred spot goods could meet the needs of market. Quotation was clearly higher. Watching attitudes were strong. Latest Market Price: PS mixed-color regrinds 4,000

(1RMB=0.1476USD) News Source www.worldscrap.com