PetroChem Wire: Recycled polyethylene pricing mixed in November
By Editorial Staff, Resource Recycling
Prices for various grades of polyethylene slipped in November on weak demand and lower bale prices.
HDPE bales were sold at 28-30 cents per pound in late November on the East Coast, down 2 cents from October. HMW film grade pellets dropped 1-2 cents, with mixed color material selling for 48 cents per pound in late November. Frac melt dairy natural pellets consolidated slightly lower from mid-November to 58-62 cents per pound. HDPE fractional melt pipe flake material, mixed color, sold at 35 cents per pound near the end of November, down a penny from earlier in the month.
Some grades of recycled polyethylene firmed slightly toward the end of the month though. HMW mixed color HDPE sold in late November for 43-45 cents per pound, up a penny from mid-November. Virgin HDPE HMW prices were down in November, with railcars selling at end-November in the U.S. Gulf down 2-4 cents per pound from October.
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