The average price of PET bales fell this month, but natural HDPE values have remained stable.
The average price of PET bales fell this month, but natural HDPE values have remained stable.
Rock-bottom virgin prices and manufacturing shutdowns tied to the coronavirus have put a significant squeeze on plastics recycling profits of late. Some operators, however, expect conditions to start improving soon.
The coronavirus has disrupted end markets for KW Plastics, moving demand away from industrial applications and toward packaging for essential products.