As 2024 kicked off, post-consumer PET pricing continued a slow climb that’s been underway since last summer and other grades hovered near their recent price points.
The national average price of post-consumer PET beverage bottles and jars is up marginally this month, now averaging 11.47 cents per pound, compared to 11.02 cents per pound this time last month. Some regional contracts are still yielding 13 to 15 cents per pound. One year ago this grade was trading at 12.02 cents per pound.
Post-consumer natural high-density polyethylene (HDPE) dropped marginally, now at an average 28.50 cents per pound. This compares to 29.50 cents last month and 61.59 cents this time last year.
Color HDPE remained unchanged this month, now at an average 18.81 cents per pound. It was 9 cents one year ago.
Post-consumer polypropylene (PP) also remains unchanged at 4.94 cents per pound. PP was 5.38 cents one year ago.
The national average price of Grade A film remains unchanged at 13.88 cents per pound. It traded at 15.63 cents one year ago.
Grade B film remains unchanged at 6.88 cents.
Grade C film remains at a nominal 0.13 cents per pound.
These prices are as reported on the Secondary Materials Pricing (SMP) Index. This pricing represents what is being paid for post-consumer recyclable materials in a sorted, baled format, picked up at most major recycling centers.
For a free trial to SMP’s Online Post-Consumer Pricing Index, visit the Recycling Markets website (http://www.recyclingmarkets.net). You can also contact Christina Boulanger-Bosley at cmb@recyclingmarkets.net or call 330-956-8911.
