According to a source based in the South, producers of primary PET have announced price increases, but they have yet to trickle down to the secondary market. Despite the relatively steady pricing, "PET has been really hard to move," she says. "If PET was all we did, I would be worried."
Despite the slight decline in PET pricing and demand, the Midwestern reprocessor says, "Everything else is pretty much holding its own from what I'm finding."
"Usually the market moves in one direction," the Southern reprocessor says. "But lately, it's been like the market is moving in two directions. There's no rhyme or reason." She adds, "We're just trying to keep our inventories low."
The Midwestern recycler says his company is also seeing less regrind from manufacturers as they make an effort to put their resources to best use. "What we are finding is that as the price of material goes up and manufacturing becomes tighter and people are busier, we are getting less and less regrind." As a result, he says his company and other re processors must put additional resources into grinding and separation.
(Additional news about plastics recycling markets is available online at www.RecyclingTodaycom.)
|Printer friendly Cite/link Email Feedback|
|Title Annotation:||PLASTICS; polyethylene terephthalate pricing and demand|
|Article Type:||Brief article|
|Date:||Oct 1, 2006|
|Previous Article:||Deinking mill receives PCF certification.|
|Next Article:||Company opens Indiana plant.|