India Containerized Shredded Scrap import prices remain flat; Plastic Scrap prices show steady trend
NEW DELHI (Scrap Register): India containerized shredded scrap import average prices remained flat during the week ended August 26, while India's major plastic scrap prices on Scrap Register Price Index showed a steady trend.
According to the Steel Index, obsolete shredded scrap prices in the Indian containerized market remained flat during the week at $228 a ton CFR Nhava Sheva port.
Imports into India remain limited, however offers into the country have increased $5-10 a ton as offers of UK origin shredded scrap was heard around $235-240 a ton. No concluded deals were heard at these levels however.
The major plastic scrap commodities down on Scrap Register Price Index during the week. The plastic scrap commodities like Acrylic, API, C.P.W, HD Blowing, HD Moulding (Colour), Hips(Baff), LLDP Blowing, PVC pest grade, PVC resin desi remained flat.
(This article is researched and compiled by Vibin Antony on behalf of Scrap Register. Send in your suggestions and comments firstname.lastname@example.org)