The latest readings in post-consumer recyclable materials prices show that the national average prices of polyethylene terephthalate beverage bottles has leveled off; for natural high-density polyethylene has risen gradually and for de-inked news has experienced a fresh downturn.
Post-Consumer PET Prices Level Off
During the past six months, the national average price of post-consumer polyethylene terephthalate (PET) beverage bottles and jars dropped steadily by 55 percent, from 13.3 cents per pound last August to the current 8.6 cents per pound.
The only consolation for most managers of material recycling facilities (MRFs) is that national averages appear to have now leveled off in the 6- to 8-cent per pound range, compared to earlier offers in the 4-cent per pound range being presented late 2015.
Through the first two weeks of January, many PET end-users were finally reporting some steadiness for this grade in most regions.
These prices are as reported on the Secondary Materials Pricing (SMP) Index. This pricing represents what is being paid for post-consumer recyclable plastic materials in a sorted, baled format, picked up at most major recycling centers.