HDPE fractional melt homopolymer natural (dairy) pellet prices, which hovered just above 70 cents per pound since mid-June, fell 5 cents per pound to a range of 65 to 71 cents per pound FOB southern U.S. last week.
Prices for recycled post-industrial frac-melt HDPE in mixed-color flake form responded to tepid summer demand and prime prices by consolidating lower last week.
Nylon 66 recycled resin prices are expected to trend higher following the news late last week that fiber maker Invista intends to discontinue nylon 66 production at a Tennessee plant.
The anticipated increase in June bale availability did not materialize last week, and this kept prices for HDPE dairy pellets firm at 70 cents per pound FOB U.S. East Coast.
Recycled polypropylene markets were stable in the week leading to Memorial Day weekend, but if the prime polypropylene market is any indication, recycled prices could be heading lower in coming weeks.
PET bales from bottles and containers collected curbside were sold at 11 to 11.5 cents per pound FOB U.S. East Coast late last week, up 0.75 cents per pound due to tighter supply in some regional markets.