PetroChem Wire: Recycled HDPE demand softened in May
By Editorial Staff, Resource Recycling
Most HDPE pellet prices were flat to 1-2 cents per pound lower in May due to lackluster demand. HDPE frac melt dairy natural pellet sold in a wide spread of 60-68 cents per pound in May, with most business consolidated at 63 cents per pound FOB U.S. East Coast.
HDPE frac melt pipe mixed color pellet prices fell 2 cents as demand from the gardening/agriculture sector was reported lower this year versus last year. Offers at 45 cents per pound saw limited buying interest. Injection crate pellet prices also fell 2 cents in May, with the price of black material moving just below 45 cents per pound. Some flake material was also offered at lower prices in end-May than in early May. HDPE injection crate black flake, for instance, was offered late in May at 40 cents per pound, down 2 cents from sales made a couple of weeks earlier. Prime grade HDPE prices were steady in the second half of May after rising earlier in the month. Generic spot price HDPE blow mold held at 66.5 cents per pound.
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