Mixed-color pellets were done at 35 to 39 cents per pound delivered (33 to 37 cents per pound FOB) to locations in Florida, the Carolinas and West Virginia. Post-industrial black pellets were discussed at 44 to 50 cents per pound FOB eastern U.S.
In the prime polyethylene market, spot prices moved higher as suppliers tried to implement a 5-cents-per-pound market increase for February. That increase initiative appeared to have solid support. Spot export supply was scarce and little additional supply was expected as February progressed.
The domestic resale market saw generic prime and off-grade prices moving up last week, with some improvement noted in off-grade availability. Generic prime HDPE BM and pail both ended the week 2.5 cents per pound higher at 58.5 cents per pound railcar delivered. Off-grade prices were flat to higher. Off-grade HDPE frac melt suitable for non-pressure pipe was quoted at 54 to 56 cents per pound railcar delivered. Off-grade HDPE dairy was around 55 cents per pound bulk truck delivered, or 53 cents per pound railcar basis.
For a free trial to PCW’s Weekly Recycled Plastics Report, Weekly PVC & Pipe Report or Daily Report on prime resins, monomers and NGLs visit the PetroChem Wire website at petrochemwire.com. You can also contact Cindy Bryan at cindy@petrochemwire.com or 713-385-1407.
