AKRON, OHIO (Nov. 29, 1:15 p.m. ET) — North American prices for polypropylene and PET bottle resin have continued to climb in recent months. PP prices have jumped up an average of 4 cents per pound since Nov. 1, following a similar increase in price for propylene monomer feedstock. For PET, tightness in feedstock supplies have sent prices up an average of 9 cents per pound since Sept. 1. A 5-cent September increase was followed by increases of 2 cents in both October and November.
Plastics News' experts discuss trends impacting the recycling of plastic materials analyzing market conditions, opportunities, threats, regulatory activity, and sustainability trends' impact on supply. View analysis of leading recyclers, resin price and production trends, and recycling rates as well as perspectives from industry thought leaders regarding market trends.Learn more