The High Cost Of Plastic: Price Per Ounce

The price of plastic varies depending on its grade and type. For example, Grade A film is currently trading at 16.94 cents per pound, while Grade C film is at a low 0.5 cents per pound. Polypropylene (PP) is trading at 8.13 cents per pound, up from 5.38 cents last month. PET is currently trading at 13.94 cents per pound, up from 13.16 cents last month. Natural high-density polyethylene (HDPE) is at an average of 68.22 cents per pound. These prices are reported on the Secondary Materials Pricing (SMP) Index, which represents the cost of post-consumer recyclable materials in a sorted, baled format.

Polypropylene (PP) is trading at 8.13 cents per pound

Scrap plastic prices have been rising notably this month, with PET, natural HDPE, colour HDPE and PP increasing by 6%, 10%, 45% and 51% respectively over the past month. The national average price of Grade A film is now 16.94 cents per pound, compared with 15.63 cents last month. Grade B film is now 7.94 cents, compared with 6.94 cents last month. Grade C film remains at a low 0.5 cents per pound.

The price of scrap plastic is reported on the Secondary Materials Pricing (SMP) Index, which represents what is being paid for post-consumer recyclable materials in a sorted, baled format, picked up at most major recycling centres.

PET is trading at 13.94 cents per pound

The price of plastic varies depending on the type and grade. For example, Grade B film is currently 7.94 cents per pound, while Grade C film is just 0.5 cents per pound. Polypropylene (PP) is trading at 8.13 cents per pound, while Grade A film is 16.94 cents per pound.

PET is currently trading at 13.94 cents per pound, up from 13.16 cents per pound last month. This is a 6% increase from the previous month, and some regions are now trading as high as 17.00 cents per pound. PET prices have been rising since September 2022, when it was 7.53 cents per pound.

The price of plastic is also influenced by the market for recycled materials. For instance, the price of post-consumer PET beverage bottles and jars dropped from 13.63 cents per pound to 10.72 cents per pound in 2019. The price of PET can also vary depending on the region and the time of year.

Grade A film is trading at 16.94 cents per pound

The price of plastic varies depending on its grade. Grade A film is trading at 16.94 cents per pound, compared to 15.63 cents last month. This is a rise of 1.31 cents per pound.

Grade B film is now 7.94 cents per pound, compared to 6.94 cents last month. Grade C film remains at a low 0.5 cents per pound.

Polypropylene (PP) is also up, now trading at 8.13 cents per pound, compared to 5.38 cents last month. This is a rise of 51%.

The national average price of post-consumer PET beverage bottles and jars is currently 13.94 cents per pound, compared to 13.16 cents per pound last month. Some regions are now trading as high as 17.00 cents per pound.

The price of plastic is reported on the Secondary Materials Pricing (SMP) Index, which represents what is being paid for post-consumer recyclable materials in a sorted, baled format, picked up at most major recycling centres.

Grade B film is trading at 7.94 cents per pound

The price of plastic varies depending on its grade and type. For example, Grade B film is trading at 7.94 cents per pound, while Grade A film is trading at 16.94 cents per pound. Polypropylene (PP) is trading at 8.13 cents per pound, and PET is trading at 13.94 cents per pound. The price of plastic also depends on the region, with some regions trading as high as 17.00 cents per pound for PET. The price of plastic has been steadily increasing over the past year, with prices for PET, natural HDPE, color HDPE, and PP increasing by 6%, 10%, 45%, and 51%, respectively, over the past month. The national average price for post-consumer color high-density polyethylene (HDPE) is 13.31 cents per pound, while Grade C film is trading at a low 0.5 cents per pound.

The price of plastic is reported on the Secondary Materials Pricing (SMP) Index, which represents the cost of post-consumer recyclable materials in a sorted, baled format picked up at most major recycling centres. The SMP Index also reports the price of corrugated containers (PS 11), which are trading at an average of $32 per ton, down from $129 per ton last year.

Grade C film is trading at 0.5 cents per pound

The price of plastic varies depending on its grade and type. For example, Grade A film is currently trading at 16.94 cents per pound, while Grade B film is at 7.94 cents per pound. Grade C film is trading at 0.5 cents per pound, which is a very low price compared to other grades.

Grade C film has been trading at a low price for several years. In 2019, it was trading at 1.38 cents per pound, and in 2022, it was trading at 0.81 cents per pound. The price has continued to decrease, and now it is at 0.5 cents per pound. This is likely due to the low demand for this grade of plastic.

The price of plastic is also affected by the type of plastic. For example, polypropylene (PP) is trading at 8.13 cents per pound, while natural high-density polyethylene (HDPE) is trading at 68.22 cents per pound. The prices of these plastics have been increasing over the past year, with PP increasing by 51% and HDPE increasing by 10%.

The price of plastic is also affected by the format in which it is sold. The prices reported on the Secondary Materials Pricing (SMP) Index represent what is being paid for post-consumer recyclable materials in a sorted, baled format. These prices are picked up at most major recycling centers. The SMP Index reported that Grade C film was trading at 1.38 cents per pound in 2019, which is higher than the current price of 0.5 cents per pound.

Overall, the price of Grade C film is very low compared to other grades of plastic and has been decreasing over the past few years. This is likely due to low demand for this grade of plastic.

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