PetroChem Wire: Recycled PP prices steady in September
By Editorial Staff, Resource Recycling
Prices for recycled polypropylene shifted very little in September. CoPP pellet sold at the end of the month at 52-56 cents per pound, up a bit on the high side from 52-54 cents per pound mid-month and in a wider range than the 53-55 cents per pound seen in August.
Regrind CoPP prices were up 1-2 cents in late September from mid-month, with supply tight and buyers in need of material for October deliveries. Premium grade black regrind CoPP sold at 45 cents per pound delivered (43 cents per pound FOB), about 3 cents over more standard quality material. Prices for spot prime CoPP injection grade slipped from 85 cents per pound on Sept. 1 to 83.5 cents during the last 10 days of September.
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