Sellers are seeing higher prices for recovered PET, HDPE and PP bales, according to the latest markets analysis.
The current national average price of post-consumer PET beverage bottles and jars continues on an upward trend, edging up 4 percent over the past month. It is now at 16.98 cents per pound. This represents an increase of 23 percent over the past six months, when it traded nationally at 13.77 cents per pound in January 2018. This also surpasses the national average of 15.70 cents per pound in September 2017.
Post-consumer natural high-density polyethylene (HDPE) from curbside collection programs continues to move upward, with a 3 percent increase over the past month. The current national average price is 38.81 cents per pound, 47 percent higher than one year ago, when it was trading at 26.41 cents per pound in early June 2017.
Meanwhile, the national average price of color HDPE also increased 3 percent over the past month, now reaching 14.63 cents per pound. Early January 2018, this grade traded at 15.13 cents per pound.
Over the past month, the national average of post-consumer PP moved up 6 percent, from 9.81 cents per pound to the current 10.38 cents per pound. In January 2018, this grade traded at 8.38 cent per pound. One year ago, the price hovered in the 7-cents-per-pound range.
The national average price of post-consumer Grade A film remains constant at 11.72 cents per pound. Grade B film is still trading at 3.74 cents per pound, while Grade C film is trading at 1.44 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.
More stories about markets
- Scrap plastics outlet on the way in N.C.
- The latest pricing for post-consumer plastics
- Details on a China-backed plastics plant