Recycled Resins Can Be a Bargain— If You Can Find Them
With manufacturing demand in the doldrums, business is slow for recyclers; but the low prices could be good news for processors seeking a bargain. That is, if you can find recycled material at all.
RECYCLED RESIN PRICES | ||
Pellets ¢/lb | Flake ¢/lb | |
PET Bottles (Clean) | ||
Clear Post-Consumer | 58-67 | 45-52 |
Green Post-Consumer | 45-54 | 42-47 |
HDPE (Clean) | ||
Natural Post-Consumer | 32-34 | 30-35 |
Mixed Colors | 26 | 26-29 |
Post-Industrial | 43-48 | 39-44 |
Polystyrene | ||
Post-Consumer | ||
High Impact | ||
Black | - | - |
Natural | - | - |
General Purpose | ||
Black | 28-31 | 29 |
Natural | 53-54 | 37-43 |
Polypropylene | ||
Post-Industrial | 18-44 | 18-44 |
Post-Consumer | - | - |
Polyethylene Film | ||
Post-Industrial | ||
LDPE | 43 | 25-27 |
LLDPE | ||
Clear | 43 | 25-27 |
Mixed Color | 27-35 | 25-27 |
PVC | ||
Post-Industrial | ||
Flexible | 35-45 | 16-19 |
Rigid | 40 | 12-15 |
With manufacturing demand in the doldrums, business is slow for recyclers; but the low prices could be good news for processors seeking a bargain. That is, if you can find recycled material at all.
Some types of recycled materials are scarce today, because prices are too low to interest vendors. Reprocessing in many sectors has simply stopped because of an inventory glut. These factors make it difficult to get an accurate fix on some prices. For example, one reseller advised that post-consumer HIPS prices should be taken with a grain of salt because there isn’t any available.
R-HDPE: ‘AG’ IS STRONG
Suppliers say prices have come up a bit since they took a dive in December and January. “HDPE went off a cliff in the Fall. The market lost anywhere from 30¢ to 33¢/lb in about two months. We were hoping for increases in February when virgin increases were announced, but that hasn’t happened yet. Price hikes of 3¢/lb for recycled HDPE in March are still a possibility,” one source said. The one bright spot for recyclers has been the agricultural sector, where HDPE demand reportedly has been “fairly decent.”
R-PET
Recycled PET prices were down but have started to inch up. The Chinese are buying again on the West Coast, and the R-PET market is holding its own in FDA applications for bottles and thermoformed packaging.
R-PP: NO POST-CONSUMER
One reseller said virgin off-spec PP dropped as low as 20¢/lb at the end of last year, “So can you imagine how much scrap was selling for. Was it even worth selling? Now, PP post-industrial colored pellets are selling for 18¢ to 20¢. Natural is going for high 30s to mid 40s. No post-consumer PP is even available.”
Related Content
-
At NPE2024, Follow These Megatrends in Materials and Additives
Offerings range from recycled, biobased, biodegradable and monomaterial structures that enhance recyclability to additives that are more efficient, sustainable and safer to use.
-
NPE2024 Materials: Spotlight on Sustainability with Performance
Across the show, sustainability ruled in new materials technology, from polyolefins and engineering resins to biobased materials.
-
Recycled Material Prices Show Stability Heading into 2023
After summer's steep drop, most prices leveled off in the second half.