While prices for recovered PET and HDPE have remained steady or increased, post-consumer film values continue to nose-dive.
The current national average price of post-consumer PET beverage bottles and jars has held steady during the past month, currently trading at 15.71 cents per pound. A year ago, this common curbside grade was trading 48 percent lower, at 10.65 cents per pound.
The HDPE grades experienced healthy bumps since mid-August. The post-consumer natural HDPE national average from curbside collection programs is now at 30.16 cents per pound, up 10 percent from this time last month. This is nearing the levels of March 2016, when this grade was trading at 32.56 cents per pound.
Meanwhile, the color HDPE grade has risen 11 percent in the past four weeks, now trading at 15.25 cents per pound.
However, the price of post-consumer film grades continues to drop. The national average for Grade A film is now 12.38 cents per pound, down 37 percent from its 17.00 cents per pound level in July 2017. Over the past six months, Grade B Film has dropped 71 percent, from 8.88 cents per pound in March 2017 to its current level of 5.19 cents per pound.
These prices are as reported on the Secondary Materials Pricing (SMP) Index. This pricing represents what is being paid for post-consumer recyclable materials in a sorted, baled format, picked up at most major recycling centers.
For a free trial to SMP’s Online Post-Consumer Pricing Index, visit the Recycling Markets website. You can also contact Christina Boulanger-Bosley at [email protected] or call 330-956-8911.