PetroChem Wire: Recycled CoPP prices rise in April

PetroChem Wire: Recycled CoPP prices rise in April

April 17, 2014

Tight flake and bale supply is contributing to higher recycled CoPP prices this month.

Business for black pellet has been done at 60 to 62 cents per pound FOB East Coast, up about 2 cents per pound from March. Black CoPP flake material is also several cents stronger in April, with the market reported at 50 to 51 cents per pound FOB the East Coast. The tight supply of recycled CoPP is also tied to competition from export markets.

In the U.S. prime PP market, HoPP held in the first half of April at 83 cents per pound, while CoPP was up about 0.5 cents per pound to 84 cents per pound.

For a free trial to the Repro/Regrind Resin Report or to see sample issues of all PCW reports visit the PetroChem Wire website at www.petrochemwire.com. You can also contact Cindy Bryan at cindy@petrochemwire.com or (713) 385-1407.

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