2021.04.13
The EPS recycled material market has been affected by positive factors and prices have risen. At present, the market supply is limited, especially the high-quality supply is tight, and the supply of ordinary materials is acceptable. Holders were reluctant to sell at low prices, and their quotations rose. At present, it is difficult to find low-price sources in the market, and some pellet manufacturers have the mentality of keeping their stocks and reluctant to sell them.
Supported by the current cost side and the price of new materials, prices will remain firm in the short term, and prices of some pellet manufacturers will continue to rise. Downstream board manufacturers have good demand, but they are repelling high-priced recycled materials, and they just need to purchase. In the short term, new materials and upstream styrene are still the focus of the industry. The market is expected to remain firm in the short term.
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