The average price of PET bales fell this month, but natural HDPE values have remained stable.
The national average price of PET beverage bottles and jars dropped again this month, this time by 7%. The price is currently 7.27 cents per pound, down from 7.81 cents per pound this time last month. This compares to 15.53 cents per pound one year ago. PET pricing has come down from 10.47 cents in March.
The national average price of natural high-density polyethylene (HDPE) from curbside collection programs remains unchanged this month, still at an average 36.00 cents per pound, compared with 20.84 cents one year ago.
The national average price of color HDPE is up slightly this month, now trading at 3.68 cents per pound, compared to 3.61 cents per pound this time last month and 13.75 cents per pound one year ago.
The national average price of polypropylene (PP) moved up to 3.69 cents per pound, compared with 3.00 cents last month. PP traded at 12.25 cents per pound one year ago.
The national average price of Grade A film is trading lower again this month. It dropped from 7.56 cents in May to 7.00 cents per pound this month.
Grade B film remains constant at 4.00 cents per pound, compared to 4.31 cents one year ago.
Grade C film is unchanged at 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.
More stories about markets
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- ADS boosts profits despite PCR cost increases
- Scrap film prices rise to recent highs