Resin Pricing
North American prices for recycled PVC clear industrial regrind have remained steady throughout 2024, but differ from previous levels.
The August price drop for PVC was tied into lower construction activity in the region. Construction accounts for 60 percent of the market for the material.
In July, the downward price pressure on standard recyclate in Europe eased for higher quality grades; however, prices for most lower specification material remained under pressure.
The PET market in Europe is enjoying a rare run of success with prices firming further over the last two months.
There were no lazy days of summer for polyethylene, polypropylene, PVC and PET bottle resin prices, all of which increased in North America in July.
Post-industrial polypropylene resin pellets are increasing by a couple of cents in the third quarter.
A midsummer price increase surprised some buyers, driven in part by supply concerns over brief outages caused by Hurricane Beryl, which hit the Houston area in early July.
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