PetroChem Wire: Recycled Polypropylene prices rise in March
By Editorial Staff, Resource Recycling
Higher prices were seen for recycled polypropylene in March, although the increases weren't as large as anticipated.
Most grades saw per-pound increases of two to four cents, but these were below the expected price increases of six cents per pound. Prices for black homopolymer pellets were between 60-70 cents per pound, with black copolymer pellets slightly higher. Flake pricing was at or slightly under the 50 cents per pound level.
In the prime PP market, spot prices retreated five cents during March, perhaps taking some of the steam out of recycled markets. This price decline followed a February run up of 10 cents per pound in the prime PP market.
For more information about PetroChem Wire's Repro/Regrind Resin Report and daily prime grade polymers and monomers report, or to arrange a free trial subscription, contact Cindy Bryan at email@example.com .