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India Containerized Shredded Scrap import prices slip; Plastic Scrap prices down

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NEW DELHI (Scrap Register): India containerized shredded scrap import weekly average prices fell during the week ended November 25, while India's major plastic scrap prices on the Scrap Register Price Index traded down.

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Indian containerized scrap import prices dropped by $5 a ton to $250 a ton CFR Nhava Sheva port. Container sales to Indian mills, as well as others in southern Asia, have stalled again and prices paid for containerized scrap has fallen across the region.

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 and PVC resin desi showed a down trend during the week.

(This article is researched and compiled by Vibin Antony on behalf of Scrap Register. Send in your suggestions and comments to editor@scrapregister.com)

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