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HDPE bottles breaks key barrier as it rises by another £20 in price

Date: Tue, 2 Jun 2015 | Author: Paul Sanderson

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The price of HDPE bottles has crossed a barrier by reaching its highest ever price in the Intelligence index.

After increasing by £50 two weeks ago, a further £20 was added to the price of milk bottles last week.

The price increase for this plastic grade is being described as “unchartered territory” by some in the industry.

LDPE 98/2 increased by £10 per tonne, while another £5 was added onto the price of PET bottles.

In paper grades, OCC bounced back after falling for two weeks previously adding £7 per tonne last week.

While mixed paper added a further £6 per tonne.

Metals were stable apart from the £75 per tonne that came off copper grades.

Want to find out the market price of HDPE bottles, OCC or copper? Then take out a free trial of Intelligence. Using a monthly index could have cost you more than £150 per tonne on milk bottles in recent weeks if you are selling them.

For a free four-week trial of Intelligence, email paul.sanderson@rebnews.com or call 020 3384 0326. We reserve the right to refuse a free trial and will not give a trial to generic email addresses (such as Hotmail or gmail) unless company details (address, phone number and contact name) are also provided.

A special LARAC edition of the report is provided free to LARAC members each week on the LARAC website or can be requested to be emailed each Friday using the contact details above. 

Category: Recycling
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