PetroChem Wire: Some recycled PE prices fall with drop in exports
By Editorial Staff, Resource Recycling
Most HDPE pellet prices declined 1-2 cents per pound in April as reduced exports to China and lower-than-expected domestic demand from construction and agriculture industries this spring resulted in increased U.S. supply.
HMW HDPE, mixed color pellet sold at 51-54 cents per pound in late April, down 4 cents from March levels. An exception was HDPE injection crate, mixed color pellet which rose a penny in April to 46-50 cents per pound. HDPE frac melt natural dairy pellet prices were steady in April at 63-66 cents per pound. Generic spot prime HDPE blow mold fell a penny and a half in April, ending the month at 65 cents per pound.
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