Platts to launch US daily recycled HDPE assessments

S&P Global Platts will launch daily assessments for US recycled high-density polyethylene (R-HDPE) bales and pellets on June 23, 2021, to further expand coverage of the growing recycled plastic markets.

Platts will assess post-consumer mixed-color HDPE bales, post-consumer natural HDPE bales, and recycled HDPE pellets on an FOB Chicago basis. The assessment will reflect material loading 1-30 days forward from the date of publication.

Post-consumer mixed-color HDPE bale assessments reflect bales that are a minimum of 80% mixed colored HDPE by weight. Typical impurities, such as LDPE and PP, should not amount to more than 20% by weight. The assessment reflects a typical volume size of 35,000-44,000 lbs loaded via a standard 53-foot trailer.

Post-consumer natural HDPE bales should contain a minimum of 95% natural HDPE by weight. Other contaminants should not exceed 5%. The assessment reflects a typical volume size of 35,000-44,000 lbs loaded via a standard 53-foot trailer.

Natural colored recycled HDPE pellets reflect non-food grade pellets derived from post-consumer virgin HDPE polymers. R-HDPE natural pellets are of extrusion/blow molding grade and include natural, clear, and transparent colored pellets for consumer packaging applications. Pellets are non-food grade and odorless, with a melt flow index (MFI) of 0.35-0.8g/10 minutes tested at 190 degrees/5kg.

Price information on trades from other locations may be taken into consideration and normalized to a Chicago basis.

Prices will be published in $/mt and cents/lb.

These assessments will appear in Polymerscan, Platts Petrochemical Alert pages 624, 441, 574 and the Petrochemicals Service on Platts Market Center, under the following price database symbols:

Post-Consumer HDPE Mixed-Color Bales FOB Chicago $/mt ARNPD00

Post-Consumer HDPE Mixed-Color Bales FOB Chicago $/mt WAvg ARNPD04

Post-Consumer HDPE Mixed-Color Bales FOB Chicago $/mt MAvg ARNPD03

Post-Consumer HDPE Mixed-Color Bales FOB Chicago cts/lb ARNPC00

Post-Consumer HDPE Mixed-Color Bales FOB Chicago cts/lb WAvg ARNPC04

Post-Consumer HDPE Mixed-Color Bales FOB Chicago cts/lb MAvg ARNPC03

Post-Consumer HDPE Natural Bales FOB Chicago $/mt ARNPF00

Post-Consumer HDPE Natural Bales FOB Chicago $/mt WAvg ARNPF04

Post-Consumer HDPE Natural Bales FOB Chicago $/mt MAvg ARNPF03

Post-Consumer HDPE Natural Bales FOB Chicago cts/lb ARNPE00

Post-Consumer HDPE Natural Bales FOB Chicago cts/lb WAvg ARNPE04

Post-Consumer HDPE Natural Bales FOB Chicago cts/lb MAvg ARNPE03

Recycled HDPE Natural Pellets FOB Chicago $/mt ARNPB00

Recycled HDPE Natural Pellets FOB Chicago $/mt WAvg ARNPB04

Recycled HDPE Natural Pellets FOB Chicago $/mt MAvg ARNPB03

Recycled HDPE Natural Pellets FOB Chicago cts/lb ARNPA00

Recycled HDPE Natural Pellets FOB Chicago cts/lb WAvg ARNPA04

Recycled HDPE Natural Pellets FOB Chicago cts/lb MAvg ARNPA03

The rationale for the daily assessment will be published on PCA page 1577, while the weekly commentary will be published every Wednesday on PCA page 1576. The weekly average will be published every Wednesday.

Please send any further feedback or questions to petchems@spglobal.com and pricegroup@spglobal.com. For written comments, please provide a clear indication if comments are intended for publication by Platts for public viewing. Platts will consider all comments received and will make the comments not marked as confidential available on request.