A Lumber Shortage Puts Demand and Prices for Plastics at an All-Time High. Is It Sustainable?
Prices of recycled plastic materials such as HDPE natural, a translucent material that’s easier to re-use because it isn’t dyed, have been trading near or above the price of aluminum. According to Resource Recycling, natural HDPE is selling for 89.31 cents per pound compared with 81.88 cents last in April. Meanwhile, iScrap says recycled aluminum is trading for less than 50 cents per pound, significant because it’s not often that metal is cheaper. Some of this plastic is snapped up by companies that manufacture laundry detergent bottles, for example, says Waste Management account manage...
Source: nextcity.org