Post-consumer fiber bales increase in value – fostering trade

Post-consumer fiber bales

Image source: FOX 2 Detroit

The September month has witnessed Post-consumer fiber bales increase in value for various grades of curbside recyclables.

Trending price movements

  • The prices reported on the Secondary Materials Pricing (SMP) Index indicated a Post-consumer fiber bales increase in value.
  • The price of various recyclable grades like OCC, mixed paper, UBCs, HDPE and PP has been on rise for the month on a steady basis.
  • The national average prices with respect to various recyclable grades are enumerated as follows:
  • Corrugated Containers (PS 11): The price has increased to an average of $60 per ton versus the price of $57 per ton that prevailed in the preceding month. However, the yearly comparison of the OCC grade depicts a price of $27 per ton one year ago and at its peak of $180 in the month of July 2017.
  • Sorted residential papers (PS 56): It has observed the pricing of $38 per ton as compared to around $33 per ton in the preceding month.
  • Mixed paper (PS 54): This recyclable grade poised its trading price at $18 per ton, compared with $13 per ton in the preceding month.
  • Sorted office papers (PS 37): Here the downward trend was experienced with extant the pricing of $91 per ton versus $103 per ton in the preceding month.
  • Aluminum cans: These sorted and baled cans observed an increased price to the extent of 115% at 45.75 cents per pound versus 39.81 cents in the preceding month. The UBCs however were quoted at a price of 54.81 cents a pound one year ago.
  • Steel cans: The extant price is $78 per ton versus an average of $79 per ton last month and $112 per ton one year ago.
  • PET beverage bottles and jars: The price dropped for this category by 10% during the current month at 6.50 cents per pound versus 7.19 cents per pound in the preceding month. While one year back, the price was 10.72 cents per pound, it attained the peak of 17.00 cents per pound in the month of July 2018 as per the latest recycling industry news.
  • Natural HDPE: The extant price is 55.13 cents per pound versus 44.44 cents last month.
  • Grade A film: It increased by 17%.
  • Grade B film: It currently trades at 3.50 cents per pound. 
  • Grade C film: It is quoted at 1.06 cents per pound.

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