
The price of industrial-grade plastic varies depending on the type of plastic, the market, and the time of purchase. Commodity plastics are generally $10-20/lb, while engineering plastics can be $20-100+/lb. However, prices can fluctuate dramatically depending on market conditions and supply shortages. For example, the price of PPSU resin increased from $11/pound to $25/pound within a year and a half. The price of Grade C film plastic is currently at a low of 0.5 cents per pound, while the national average price of post-consumer PET beverage bottles and jars is 13.94 cents per pound.
Characteristics | Values |
---|---|
Cost of commodity plastics | $10-20/lb |
Cost of engineering plastics | $20-100+/lb |
Cost of Grade C film | 0.5 cents/lb |
Cost of PET beverage bottles and jars | 13.94 cents/lb |
What You'll Learn
Commodity plastics cost $10-20/lb
The price of plastic varies depending on the type and grade. Commodity plastics generally cost $10-20 per pound, but this can change depending on what is being produced at a given time. For example, commodity plastics can end up being over $40 per pound. Engineering plastics can cost $20-100+ per pound, but they can also drop to $10 per pound.
The resin market is like any other commodity market, with prices fluctuating up and down. For example, PPSU used to cost $11 per pound, but then shot up to $25 per pound within a year and a half.
The price of plastic also depends on the grade. Grade C film, for example, is a low-cost plastic at 0.5 cents per pound. In contrast, the national average price of post-consumer PET beverage bottles and jars is currently 13.94 cents per pound, with some regions trading as high as 17.00 cents per pound.
Therefore, the cost of 100 pounds of industrial-grade plastic will depend on the specific type and grade of plastic, as well as market fluctuations.
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Engineering plastics cost $20-100+/lb
The cost of engineering plastics can vary dramatically depending on what is being produced and when. Commodity plastics are generally $10-20/lb, while engineering plastics can cost $20-100+/lb. However, commodity plastics can end up being over $40/lb and engineering grades can drop to $10/lb, although these are extreme examples.
The price of plastic fluctuates over time, and there are always some sort of shortages that cause certain types, grades or resins to fluctuate in value. For example, PPSU used to cost $11/pound, but shot up to $25/pound within a year and a half.
The national average price of post-consumer PET beverage bottles and jars is currently 13.94 cents per pound, compared with 13.16 cents per pound last month. This grade was trading at 23.42 cents one year ago. The national average for natural high-density polyethylene (HDPE) is up 10%, now at an average of 68.22 cents per pound.
In contrast, Grade C film remains at a low 0.5 cents per pound.
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Resin prices fluctuate
The price of plastic is also influenced by the price of other materials. For example, Grade C film remains at a low 0.5 cents per pound, while corrugated containers (PS 11) are at an average of $32 per ton, down from $134 per ton last year. The price of mixed paper (PS 54) has also increased from $1 per ton last month to nearly $5 per ton now.
The price of plastic can also vary by region. For example, the national average price of post-consumer PET beverage bottles and jars is currently 13.94 cents per pound, but some regions are now trading as high as 17.00 cents per pound.
The price of plastic can also be influenced by the time of year. For example, PET was trading 30% lower three months ago, in December, at an average of 10.75 cents.
Overall, the price of plastic is subject to a variety of factors, including supply and demand, the price of other materials, region, and time of year. As such, it is important to get multiple quotes when purchasing plastic to ensure you are getting the best price.
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PET beverage bottles and jars are 13.94 cents per pound
The price of plastic varies depending on the type of plastic and the market. Commodity plastics are generally $10-20/lb and engineering plastics can be $20-100+/lb, but these prices can change dramatically depending on what is being produced at a given time. Commodity plastics can end up being over $40/lb and engineering grades can drop to $10/lb, although these are extreme examples.
The national average price of post-consumer PET beverage bottles and jars is currently 13.94 cents per pound, compared with 13.16 cents per pound last month. Some regions are now trading as high as 17.00 cents per pound. This key curbside plastic has been rising since September 2022, when it was 7.53 cents per pound. Three months ago, on December 10, PET was trading 30% lower, at an average of 10.75 cents. This grade was trading at 23.42 cents one year ago.
The price of plastic is subject to fluctuations, with the resin market experiencing shortages in recent years that have caused certain types, grades or resins to fluctuate in value. For example, PPSU was $11/pound but shot up to $25/pound within a year and a half.
Grade C film remains at a low 0.5 cents per pound.
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Grade C film is 0.5 cents per pound
The price of industrial-grade plastic varies depending on the type of plastic and the market. Commodity plastics are generally $10-20/lb and engineering plastics can be $20-100+/lb. However, the price can change dramatically depending on what is being produced and when. For example, the price of PPSU resin rose from $11/lb to $25/lb within a year and a half.
Grade C film plastic is currently priced at a low 0.5 cents per pound. This is significantly cheaper than other types of industrial-grade plastic. For example, the national average price of post-consumer PET beverage bottles and jars is currently 13.94 cents per pound, and natural high-density polyethylene (HDPE) is trading at an average of 68.22 cents per pound.
The price of Grade C film plastic is also much lower than that of other commodities. For instance, corrugated containers (PS 11) are currently trading at an average of $32 per ton, compared to $134 per ton a year ago. Mixed paper (PS 54) is now trading at nearly $5 per ton, up from $1 per ton last month and $71 per ton a year ago.
The low price of Grade C film plastic could be due to a number of factors, including supply and demand, the cost of raw materials, and the efficiency of the production process. It is worth noting that the price of plastic can fluctuate over time, so the current low price of Grade C film plastic may not last forever.
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Frequently asked questions
The price of industrial grade plastic can vary depending on the type of plastic and the market at the time. Commodity plastics are generally $10-20/lb and engineering plastics can be $20-100+/lb.
Grade C film is the cheapest type of industrial grade plastic, at 0.5 cents per pound.
Engineering plastics can be the most expensive type of industrial grade plastic, with prices ranging from $20-100+/lb.
100 pounds of commodity plastic would cost between $1000 and $2000.
100 pounds of engineering plastic would cost between $2000 and $10,000+.