PetroChem Wire (PCW), a daily U.S. petrochemical industry newsletter, today announced the launch of "Repro/Regrind Report," a monthly market price publication that provides a snapshot of pricing trends for reprocessed and recycled plastic resins.
According to numerous reports, during recent years the plastics recycling business has more than tripled. Consumer awareness and consumer recycling efforts have seen progressive growth as well, which means more materials are becoming available to recycle and put back into the market.
Shortly after PCW started daily olefins and polyolefins reporting three years ago, the company began to receive requests from plastics recyclers to develop a report for their market segment.
"It became increasingly clear that the plastics recycling market was ready for a go-to market price report that provides a general price reference from which insight can be gained with regard to price happenings within the world of repro and regrind materials," said Kathy Hall, executive editor of PCW. "We've been working with the industry and receiving guidance and input from recycling-related business owners of all sizes, to provide a basis from which these same businesses can find the type of price information they've been looking for to strengthen the market moving forward. 'Repro/Regrind Report' is the result of those efforts and we're excited to offer it."
Each issue of Repro/Regrind Report includes:
PRICE TABLE: Confirmed, transactional pricing for high-density polyethylene, low-density polyethylene, polypropylene and polystyrene, categorized by major commodity grades such as fractional melt, injection, pail or crate grade and resin color, such as natural, mixed color, black or white. It will include price differentials from the previous month.
COMMENTARY: Summary of trends for recycled resins, the overall U.S. commodity prime-grade plastic markets and market movements upstream in the supply chain, including ethylene, propylene and benzene.
PRICE CHART: Summary of generic prime grade resin trends over the past year.