PetroChem Wire: Recycled HDPE pellet prices firm in February
By Editorial Staff, Resource Recycling
Prices for HDPE film pellet rose 1-3 cents per pound in late February on higher prime PE prices in January.
Natural pellet sold at a high of 61 cents per pound and black sold at 58-60 cents per pound, at parity or a penny over mixed colored pellets. HDPE fractional melt dairy pellets consolidated at 60-63 cents per pound, up 2-3 cents per pound from January. At the same time, for regrind, HDPE HMW film prices declined 2-3 cents per pound as demand fell in late February, but still ended February slightly higher than end-January.
Natural HMW film regrind sold at a high of 55 cents per pound in late February, off 3 cents per pound from mid-February's high but still up around a penny from end-January. HDPE frac melt pipe regrind sold at 43 cents per pound, steady on mid-February. LDPE injection mixed color regrind was quoted at 36-38 cents per pound, with natural quoted at 41-43 cents per pound, up from January's price spreads of 34-36 cents per pound and 39-41 cents per pound respectively. In the prime HDPE market, generic spot blow mold was stable in February at 64.5 cents per pound.
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