India containerized Shredded Scrap import prices decline

INDIA September 22 2015 10:35 AM

MUMBAI (Scrap Register): India containerized shredded scrap import prices declined during the week ended September 18, while Indian plastic scrap prices on Scrap Register Price Index showed an up trend.

According to TSI, containerized shredded index for Indian imports fell by $5 a ton to $227 a ton CFR Nhava Sheva port. 

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Imports were, again, lacklustre, whilst mills moved their bids down in line with international price levels. Material was heard booked from Europe and the Middle East the week.

The major plastic scrap commodities showed almost up tread on Scrap Register Price Index during the week. The plastic scrap like acrylic, C.P.W, HD blowing, hd moulding(colour), hips(baff)

lldp blowing, PVC pest grade and PVC resin desi showed an up 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)