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.
Prices for recycled CoPP and HoPP flake and pellet were lower at the start of 2017, with the biggest decline seen for CoPP injection-grade repro. This shift was driven by weaker end-user and reprocessor demand and oversupply.
HDPE post-industrial fractional melt repro and regrind prices increased by 3 to 4 cents per pound last week in eastern U.S. markets, shadowing the price direction of prime HDPE.
In the run-up to next month’s Plastics Recycling 2017, we sat down with some of the industry experts who will be taking the conference stage. This week, we offer a Q&A with Brett Stevens of TerraCycle, who discusses his company’s partnership with a consumer-products giant to turn marine debris into new packaging.