PetroChem Wire: Recycled PET pellet prices decline
By Editorial Staff, Resource Recycling
Recycled PET FDA clear pellet prices are down 1.5 cents per pound in July as supplies of both recycled and prime PET continue to outpace demand.
Prime PET prices in early July were flat to a penny lower, with railcar business static at 80 cents per pound delivered Midwest. Recycled clear FDA-grade pellet sold as high as 80 cents, with most business done closer to 77-79 cents per pound. On regrind, clear PET bottles have sold in July at a high of 59 cents — down a penny from June. In the scrap market, natural PET bottles in curbside bales sold at 17-18 cents per pound FOB U.S. East Coast.
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