Prices for prime and recycled PET rose last week after one major U.S. producer, DAK Americas, declared force majeure on PET resin shipments from its plant in the Carolinas on October 10 following the aftermath of Hurricane Matthew. Prime PET was discussed on October 14 at 55 cents per pound railcar, delivered Chicago, up 1.5-2 cents per pound from the...

Recycled HMW HDPE prices for both pellet and flake were down last week reflecting an oversupply of HMW scrap drums and intermediate bulk containers in the southern U.S. Regrind was offered at 22 cpp f.o.b. U.S. South, with buying interest closer to 19-20 cpp. That’s down at least a penny from the previous week and down 4 cpp from September...

Prices for nylon 66 pellets and flakes have been rising steadily as a force majeure at a Texas nylon 66 intermediates plant entered its fourth month and continued to tighten prime and off-grade nylon supply. That market phenomenon has subsequently affected recycled nylon fiber in U.S. markets. Last week nylon 66 post-industrial black repro was discussed at 77 to 79...

Prices for recycled PET are under downward pressure due to lower prime PET prices, which in turn reflect plentiful PET imports. Late last week clear FDA regrind PET sold at 40 to 41 cents per pound delivered Midwest, down 1.5 cents per pound from the previous week. Non-FDA material sold for 37 cents per pound FOB Midwest, down 2 cents...

Recycled HDPE fractional melt pellet and flake prices followed generic prime and off-grade HDPE higher at the start of September. Clean mixed colors regrind, both post-industrial and post-consumer, sold for 37 to 38 cents per pound delivered U.S. South (35 to 36 cents per pound FOB) at the beginning of the month, up 4 cents per pound from late August....

Recycled LDPE and LLDPE film-grade pellet prices were down 3 cents per pound last week as supply outpaced demand during the summertime production lull at plants that use this grade in their mixes. Offers fell to 29 to 30 cents per pound for LDPE and 30 to 31 cents per pound for LLDPE FOB U.S. East Coast. That’s 5 cents...

CoPP injection-grade pellet and flake prices were up 4 cents per pound last week, following strong demand from converter plants and the upward momentum in the propylene monomer and prime polypropylene markets. Business was discussed at 49 to 54 cents per pound for CoPP repro and 36 to 37 cents per pound for CoPP regrind, both up 4 cents per...

Nylon 66 repro and regrind prices increased last week, a reaction to feedstock issues at a major nylon 66 producer. In late June, Invista declared force majeure on nylon 66 feedstock at a production facility in Texas, and that situation has continued to pressure prices higher. Nylon 66 post-industrial black repro sold at 72 cents per pound FOB East Coast,...

HDPE fractional melt homopolymer natural (dairy) pellet prices, which hovered just above 70 cents per pound since mid-June, fell 5 cents per pound to a range of 65 to 71 cents per pound FOB southern U.S. last week. That price range was last seen in mid-April. The price decline was attributed to a lower HDPE natural bale sale by The...

A prime PET oversupply has developed due to ample offers from U.S. PET producers as well as from distributors of imported packaging-grade PET. This appears to be pressuring prices lower despite seasonal demand for PET beverage bottles. Last week, spot bottle-grade PET was down a half cent per pound to 55.5 cents per pound railcar delivered. Packaging-grade PET was steady...