The price of natural HDPE has continued to drop and now sits well below its position a year ago, but recovered PET values have remained constant.
The national average price of PET beverage bottles and jars remained constant over the past month, now at 15.54 cents per pound. At this time last month, the average price was 15.11 cents per pound. At this time last year, PET was trading at an equivalent level of 15.28 cents per pound.
The price of natural high-density polyethylene (HDPE) from curbside collection programs continued to drop this month. The national average price is now 21.88 cents per pound, compared with 26.66 cents this time last month. One year ago, the national average for this grade was 35.69 cents per pound. The current price range is now the lowest since February 2016, when average national prices were in the 22.00-cents-per-pound range. By comparison, highs of 52.69 cents per pound occurred in October 2014.
The national average price of color HDPE also dropped a cent over the past month, now trading at 13.56 cents per pound. One year ago, this grade was trading at 18.19 cents per pound.
The national average price of polypropylene materials dropped over the past month, now at 10.88 cents per pound, compared with 12.75 cents per pound in mid-March. One year ago, this material traded nationally at 9.50 cents per pound.
The national average price of several post-consumer film grades is up marginally again this past month. Grade A film is now trading in the range of 9.81 cents per pound, compared to 9.31 cents per pound last month. This grade traded at 11.41 cents per pound one year ago. Grade B film is now trading at 3.13 cents per pound, compared to 2.75 cents per pound last month. Grade C film is unchanged 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
- Recycled plastic end markets expand
- HDPE bale prices continue to escalate
- Plastics collectors continue to feel market pain