The price of natural HDPE jumped by nearly 25% over the past month and is now approaching the record high values it achieved at the beginning of the year.
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The price of natural HDPE jumped by nearly 25% over the past month and is now approaching the record high values it achieved at the beginning of the year.
Many in the U.S. may be unfamiliar with reverse vending machines, because only 10 of 50 states have deposit redemption programs. | Karen McFarland/Shutterstock
The price of natural HDPE bales increased by 22% this month, whereas post-consumer PET bales have remained at a low level. Continue Reading
Market pricing for post-consumer plastics has remained relatively flat over the past month.
Health authorities say reusable packaging poses no more risk of spreading coronavirus than single-use packaging, but the plastics industry is still trying to use COVID-19 to derail progress on reducing single-use plastics.
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A number of global plastic resin giants recently provided recycling-related updates. | DZMITRY PALUBIATKA/Shutterstock
Virgin plastics companies recently released PCR offerings, published 2019 sustainability reports and provided updates on chemical recycling technologies.
The average price of PET bales fell this month, but natural HDPE values have remained stable.
Cheap prime plastics have contributed to tightened margins for some plastics processors. | Nokwan007/Shutterstock
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.
