Prices continue to climb for PET and HDPE containers collected at the curb, but the news wasn’t so good for mixed plastics, which have a negative value in many regions.
The national average price of post-consumer PET beverage bottles and jars is currently 15.03 cents per pound. This is up 6 percent from last month, when it traded nationally at 14.20 cents per pound. One year ago, the national average was 11 percent lower, at 13.56 cents per pound.
Post-consumer natural high-density polyethylene (HDPE) from curbside collection programs is experiencing a continued upward trend this month. The national average price is 35.69 cents per pound, up 2 percent from this time early March, when it was trading at 34.88 cents per pound. In early January 2018, this grade was trading at 29.97 cents per pound. Similarly, the national average price of color HDPE is currently 17.75 cents per pound, up 18 percent over the early January 2018 price of 15.09 cents per pound.
Meanwhile, commingled grades remain in the doldrums. The national average price for commingled Nos. 1-7 remains at 2.38 cents per pound, while the national price for commingled Nos. 3-7 hovers around 0.0 cents per pound, with many regions dealing in negative figures.
Post-consumer film prices remain unchanged in 2018. The national average price for Grade A film is currently 11.34 cents per pound. This grade was trading 26 percent higher one year ago, when the national average was 15.31 cents per pound. Grade B film is trading at 3.84 cents per pound, while Grade C film is still trading at a low of 1.38 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.
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- Scrap film prices rise to recent highs