Post-consumer PET prices have remained steady over the past month, but HDPE grades have slipped.
The national average price of post-consumer PET beverage bottles and jars remains constant, at 15.20 cents per pound, compared to 15.10 cents per pound one month ago. At this time last year, PET was trading at 13.95 cents per pound. By comparison, the national average peaked at 17.11 cents per pound in June 2018.
Meanwhile, the price of natural high-density polyethylene (HDPE) dropped 9 percent this month. The national average price is now 35.19 cents per pound, compared with 38.88 cents this time last month. This still represents a significant increase over one year ago, when the national average for this grade was 31.81 cents per pound.
The national average price of color HDPE is down 10 percent this month, from 16.41 cents per pound in early January to its current average of 14.75 cents per pound.
The national average price of polypropylene (PP) remains steady at 12.47 cents per pound, up significantly from one year ago, when it traded nationally at 8.38 cents per pound.
The national average price of all post-consumer film grades remains low. Grade A film is still trading in the 8.75-cents-per-pound range, compared with 11.31 cents per pound one year ago. Grade B film is trading at 2.59 cents per pound, and Grade C film remains 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
- End user reports PET price impacts
- How hauling giant has reacted to export shifts
- Company sees promise in PLA recycling