Bottle-grade prime PET prices fell 1.25 cents per pound last week to 56.25 cents per pound, delivered Chicago. Imported PET with an intrinsic viscosity (IV) of 78 milliliters per gram or higher commanded 56 cents per pound delivered duty-paid, down 1 to 2 cents per pound from the previous week.
Demand for HDPE scrap bales retreated a bit in early April following a mid-March surge. This lackluster demand, coupled with rising bale supply from major population centers, drove scrap prices lower.
HDPE natural post-consumer resin (PCR) prices rose 3 to 4 cents per pound last week on the U.S. East Coast, due in part to a late-week bid offering sale of natural scrap bales at 37.1 cents per pound to recycling giant Waste Management.
Prices for recycled LDPE and LLDPE, film grade, moved sharply higher last week, following the upward movement in the prime market.
In the recycled PET market, prices for various grades of pellet and flake material have increased so far in March.
Recycled white PVC pipe regrind was offered last week at 25 cents per pound delivered East Coast. Continue Reading
HDPE HMW pellet and flake prices rose 2 cents per pound last week on the back of strong demand from the end-user sector.
Prices for prime nylon 66 and off-grade material began rising in January and recycled material is following suit.
Prices for U.S. Food and Drug Administration-sanctioned clear PET pellets moved up a penny last week to 58 to 59 cents per pound on the U.S. East Coast. That upward momentum corresponded with a strengthening in the prime PET market.
HDPE injection crate regrind prices ended 2016 down 11.5 cents per pound, or 29 percent, from the start of the year in U.S. East Coast markets. Continue Reading