Prices drop 40% for two key recycled plastic grades

Source: https://resource-recycling.com/recycling/2023/07/10/prices-drop-40-for-two-key-recycled-plastic-grades/

Author: RecyclingMarkets.net Staff

PET and HDPE prices have taken a sudden crash this month, dropping by double-digit percentages. Luckily for MRFs, most everything else in the curbside mix is holding steady.  The national average price of post-consumer PET beverage bottles and jars is down 44% this month. Bales of PET are now averaging 7.06 cents per pound, compared with 12.63 cents per pound this time last month.