Prices for curbside natural high-density polyethylene have climbed even higher over the past month.
The national average price for natural HDPE from curbside collection programs has now reached 58.25 cents per pound, compared with 51.75 cents this time last month. In some areas, the plastic type is trading as high as 62.00 cents per pound, a 10-year high.
One year ago, the national average for this grade was 38.69 cents per pound. The last similar high was five years ago, in September 2014, when it reached a national average of 52.69 cents per pound.
The national average price of post-consumer PET beverage bottles and jars moved up 9 percent, from 9.45 cents per pound this time last month to the current average trading price of 10.29 cents per pound. This time last year, PET was trading much higher, at an average 15.05 cents per pound.
The national average price of color HDPE is also up marginally, now trading at 14.75 cents per pound, compared to 14.56 cents per pound last month. One year ago, this grade was trading at 16.72 cents per pound.
The national average price of polypropylene remains unchanged, at 7.06 cents per pound. One year ago, this grade was trading at 11.19 cents per pound.
Finally, the national average price of Grade A film remains relatively unchanged over the last month, trading at 8.69 cents per pound. By comparison, this grade traded at 8.75 cents per pound one year ago. Grades B and C film remain unchanged.
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
- Curbside plastic bale values continue to take off
- Here’s what’s driving markets for 3-7 plastics
- Building product makers detail recycled resin use