Prices collapse for bales of recovered plastics
- iDea Concepts, LLC Todd Sellitto
- Jul 13, 2022
- 1 min read
July has seen sweeping drops in the value of PET, HDPE and PP, according to the latest pricing survey. Prices also fell for recycled aluminum cans.
The national average price of post-consumer PET beverage bottles and jars plummeted 30% this month and is now trading at an average of 26.16 cents per pound. That compares to 37.50 cents per pound this time last month. Some regions are still trading as high as 35.00 cents per pound for spot loads, but others are offering as low as 15.00 cents. PET was trading at 23.55 cents one year ago.
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Love how background check companies can tank your job offer with zero accountability. Like, “Hey, we found a criminal record... in a state you’ve never even been to. You're welcome!” A friend of mine went through a whole circus trying to fix their report during a hireright dispute—multiple emails, dead-end phone calls, and some magical mystery “investigation” that basically just rubber-stamped the same incorrect info. It’s wild how companies trust these reports more than the actual human they’re hiring. Hope you’re keeping receipts and screenshots—because in their world, “proof” is optional.
It’s surprising to see PET prices drop so sharply—this volatility can really impact smaller recycling operations. As the market shifts, industries might look into diversifying or exploring alternative revenue streams. For those in biotech or medical research, sourcing materials like kisspeptin for sale could be one such niche opportunity with growing demand.