The average price of natural HDPE bales have reached another record high this month.
The national average for natural high-density polyethylene (HDPE) from curbside collection programs is now 62.97 cents per pound, compared with 61.63 cents last month and 51.75 cents one year ago. Last month’s price represented the previous high.
The national average price for bales of color HDPE is up again, now trading at 16.41 cents per pound, up from 14.59 cents last month. In some regions, prices for this grade are now around 20 cents a pound.
The value of post-consumer PET beverage bottles and jars moved up marginally this month. The bale price is currently 6.30 cents per pound, compared to 6.17 cents per pound this time last month. This compares with 9.45 cents per pound one year ago.
The national average price of polypropylene bales moved up slightly and is now at 5.47 cents per pound. It was 5.38 cents last month and 7.06 cents one year ago.
The national average price of Grade A film is up 6%. It is now trading for an average of 8.88 cents, compared with 8.38 cents per pound last month.
Grade B film is now at 3.56 cents per pound, compared to 3.38 cents last month.
Grade C film dropped to 0.81 cents, compared with 1.06 cents last month.
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.