[OKRA] A new year brings higher PET and UBC bale prices -

[Ellen Bussert]

[image: image.png]
Interested in what the market outlook is so far for 2022?  Read this
article below from Resource Recycling for more information.


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[image: image.png]

A new year brings higher PET and UBC bale prices
<https://resource-recycling.com/recycling/2022/01/18/a-new-year-brings-higher-pet-and-ubc-bale-prices/>
Published: January 18, 2022
Updated: January 18, 2022
by RecyclingMarkets.net Staff <http://www.recyclingmarkets.net/>

[image: Market graph icon]MRFs are enjoying notably higher prices for used
beverage cans and PET containers this month, with bale values rising by 14%
and 10%, respectively.

The national average price for sorted, baled aluminum cans is now at 86.75
cents per pound, compared with 76.06 cents last month
<https://resource-recycling.com/recycling/2021/12/14/december-brings-across-the-board-drops-in-material-values/>.
This material was trading at an average 51.88 cents per pound this time
last year.

The national average price of post-consumer PET beverage bottles and jars moved
up by 10% this month and is now at an average 20.22 cents per pound,
compared with 18.28 cents per pound this time last month. Some regions are
trading as high as 25.00 cents per pound.  PET was trading at 7.69 cents
one year ago.

For other curbside recyclables, prices are generally either flat or lower
this month.

In fibers, the national average price of corrugated containers (PS 11) is
down 4% this month, now trading at an average $136 per ton, compared with
an average $142 last month. OCC was trading for about $75 per ton this time
last year.

Sorted residential papers (PS 56) are down 2%, now averaging $92 per ton,
compared with $94 last month and $44 per ton one year ago.

Mixed paper (PS 54) is also down, from an average $76 per ton last month to
about $70 this month. This grade was under $33 per ton this time last year.

Sorted office papers (PS 37) are up 7%. This fiber grade is now trading for
around $177 per ton, compared with an average $88 one year ago.

In plastics, the price of natural high-density polyethylene (HDPE) has
stabilized after falling quickly in recent months. The national average
price is at 56.13 cents per pound. This compares to 56.44 cents last month.
Natural HDPE hit a record high price of 108.44 cents in September
<https://resource-recycling.com/recycling/2021/09/14/recycled-paper-prices-continue-uptick-as-plastic-levels-off/>
but
then fell over the following three months. The price was 67.81 cents this
time last year.

The national average price of color HDPE has dropped. This grade is now
trading at 21.50 cents per pound, compared with 26.63 cents last month.
This grade averaged 17.25 cents one year ago.

The national average price of polypropylene (PP) remains unchanged at 18.94
cents per pound. PP was 13.44 cents one year ago.

The national average price of Grade A film remains unchanged at 20.50
cents. This grade was trading at 11.06 cents one year ago. Grade B film is
also unchanged at 7.25 cents, compared with 4.06 one year ago. Grade C film is
averaging 0.81 cents per pound, down from the 0.88 cents it had been at for
several months.

Sorted, baled steel cans remain steady at an average $270 per ton. This
compares to a low of $80 per ton this time last year.

*These prices are as reported on the Secondary Materials Pricing (SMP)
Index. This pricing represents what is being paid for post-consumer
recyclable materials in a sorted, baled format, picked up at most major
recycling centers. *

*For a free trial to SMP’s Online Post-Consumer Pricing Index, visit
the Recycling Markets website <http://www.recyclingmarkets.net/>. You can
also contact Christina Boulanger-Bosley at cmb at recyclingmarkets.net
<cmb at recyclingmarkets.net> or 330-956-8911.*
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