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.
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