How ‘rock bottom’ pricing is jostling plastics recycling

Source: https://resource-recycling.com/plastics/2023/08/22/how-rock-bottom-pricing-is-jostling-plastics-recycling/

Author: Jared Paben

Recycled plastics prices are at their lowest levels in some time, putting significant strain on material processors. Meanwhile, some resin buyers are abandoning PCR to purchase virgin plastic instead.  The lower prices can be seen in the scrap bale market and, to varying degrees, in the recycled resin market.