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Home Recycling

HDPE plastic prices fall in May

Jerry PowellbyJerry Powell
May 2, 2017
in Recycling

As May begins, recovered HDPE bale prices have slid, making operators of packaging sorting plants a bit glum.

The value of baled natural HDPE containers has come down from its recent high, with May pricing slipping to about 33 cents per pound (truckload of bales picked up in the eastern portion of the U.S.). This represents a dip of about 10 percent. Colored HDPE bottle prices declined at a steeper rate, sliding about one-fifth to about 20 cents per pound.

That said, sellers of PET bottles saw May pricing stay consistent around 14 cents per pound.

Buyers of aluminum cans have cut prices by about two cents per pound, with many deals being made today at approximately 71 cents per pound.

 

Ousei Allegheny Shredders

Tags: MarketsPlastics
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Jerry Powell

Jerry Powell

Jerry Powell is the founder and editorial advisor of Resource Recycling, Inc., which publishes Resource Recycling, Plastics Recycling Update and E-Scrap News. He previously owned and managed a recycling consulting company and managed a recycling business in Portland, Ore. He can be contacted at jpowell@resource-recycling.com.

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