
Scrap plastic prices are on the rise, with some types of plastic seeing dramatic increases in value. For example, the price of Polypropylene (PP) has increased by 51% since last month, and is now trading at 8.13 cents per pound. Other types of plastic, such as PET, natural HDPE, and colour HDPE, have also seen significant price increases. The national average price of Grade A film is now 16.94 cents per pound, while Grade B film is at 7.94 cents and Grade C film remains at a low 0.5 cents per pound. These price increases could be beneficial for some industries, such as helping to offset the pain MRFs are experiencing from down fibre markets.
Characteristics | Values |
---|---|
Polypropylene (PP) | 8.13 cents per pound |
Grade A film | 16.94 cents per pound |
PET | 13.94 cents per pound |
Grade B film | 7.94 cents per pound |
Grade C film | 0.5 cents per pound |
Natural high-density polyethylene (HDPE) | 68.22 cents per pound |
Computer plastic | 0.10-0.15 cents per pound |
#1 plastic bottles | 0.30 cents per pound |
#2 milk/gal water | 0.08 cents per pound |
Coloured #2 | 0.02 cents per pound |
What You'll Learn
Polypropylene (PP) is trading at 8.13 cents per pound
The price of scrap plastic varies depending on the type of plastic and its grade. For example, Polypropylene (PP) is currently trading at 8.13 cents per pound, up from 5.38 cents last month. This is a 51% increase, and the first increase in about a year. In March 2022, PP was trading for 29.44 cents per pound.
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, up from 6.94 cents last month. Grade C film remains at a low 0.5 cents per pound.
The national average for natural high-density polyethylene (HDPE) is up 10%, now at an average of 68.22 cents per pound. PET prices have also been rising, and are currently trading at 13.94 cents per pound, compared with 13.16 cents last month. Some regions are now trading as high as 17.00 cents per pound.
The price of scrap plastic can vary depending on the region and the demand for specific types of plastic. It is important to stay up to date with the latest prices if you are looking to sell or recycle scrap plastic.
The Weight of Disposable Plastic Cups: How Much?
You may want to see also
PET prices have increased by 6%
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 is a significant increase from the average price of 10.75 cents per pound three months ago, and the price of 23.42 cents per pound one year ago.
The price of PET is also influenced by the prices of other plastics. For example, the price of Grade A film has increased from 15.63 cents to 16.94 cents per pound over the past month, and Grade B film has increased from 6.94 cents to 7.94 cents per pound. In contrast, Grade C film remains at a low 0.5 cents per pound.
The price of PET is also influenced by the price of other recyclables, such as mixed paper and corrugated containers. For example, mixed paper has ticked upward slightly, and corrugated containers (PS 11) remain low, at an average of $32 per ton.
Injection Molding Plastic Costs in China: How Much?
You may want to see also
Grade B film is 7.94 cents per pound
The price of scrap plastic varies depending on the type of plastic and the grade. For example, Grade B film is 7.94 cents per pound, compared to 6.94 cents last month. Grade A film is 16.94 cents per pound, while Grade C film is just 0.5 cents per pound.
Some other prices for scrap plastic include:
- Polypropylene (PP): 8.13 cents per pound
- PET: 13.94 cents per pound
- Natural HDPE: 68.22 cents per pound
- Coloured HDPE: 17 cents per pound
- #1 plastic bottles: 30 cents per pound
- #2 milk/gal water: 8 cents per pound
- Coloured #2: 2 cents per pound
Ocean Pollution: Annual Waste Dumping Statistics
You may want to see also
Grade C film is 0.5 cents per pound
The price of scrap plastic varies depending on its grade. Grade C film, for example, is currently valued at 0.5 cents per pound. This is in contrast to Grade A film, which is valued at 16.94 cents per pound, and Grade B film, which is valued at 7.94 cents per pound.
The price of scrap plastic has been steadily increasing over the past year. For example, the price of polypropylene (PP) has risen by 51% in the past month, and is now trading at 8.13 cents per pound. PET prices have also increased by 6% over the past month, and are now trading at an average of 13.94 cents per pound, with some regions trading as high as 17.00 cents per pound.
The price of scrap plastic can also vary depending on the type of plastic. For example, computer plastic has very little value compared to other types of plastic, and is often not purchased by recyclers. In contrast, #1 plastic bottles can be sold for .30 cents per pound, while #2 milk/gal water bottles can be sold for .08 cents per pound.
Affordable 3D Printing: Plastic Roll Costs and Benefits
You may want to see also
Natural high-density polyethylene (HDPE) is 68.22 cents per pound
The price of scrap plastic varies depending on the type of plastic and its grade. For example, the national average price of Grade A film is 16.94 cents per pound, while Grade C film is much lower at 0.5 cents per pound.
Natural high-density polyethylene (HDPE) is currently trading at 68.22 cents per pound, which is a 10% increase from three months ago. This is a notable rise, but it is not as dramatic as the increase in the price of polypropylene (PP), which has risen by 51% from 5.38 cents to 8.13 cents per pound.
The price of PET plastic has also increased by 6% over the past month, and some regions are now trading as high as 17.00 cents per pound. This is a significant increase from December 2022, when PET was trading at an average of 10.75 cents.
The price of scrap plastic can vary depending on the region and the demand for specific types of plastic. For example, computer plastic has very little value compared to other types of plastic, and some recyclers may not even pay for it. However, there are still buyers for this type of plastic, and it is possible to sell it for a low price.
Plastic Cowboy Hat Costs: What's the Price to Pay?
You may want to see also
Frequently asked questions
It depends on the type of plastic. PET plastic is currently trading at 13.94 cents per pound, while Grade C film is at a low 0.5 cents per pound.
Grade A film plastic is currently trading at 16.94 cents per pound.
Grade B film plastic is currently trading at 7.94 cents per pound.
Polypropylene is currently trading at 8.13 cents per pound.
Natural high-density polyethylene is currently trading at 68.22 cents per pound.