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California Grade A PET bales down 0.2 cpp in weekly sale
HOUSTON, February 17, 2016 (PCW) -- Grade A PET scrap bales were done this week at 13.3 cpp FOB Long Beach, California, down 0.2 cpp, according to a broker. Grade A PET bales FOB Oakland were done at 12.5 cpp, down 0.25 cpg.
Grade B PET bales, with less than 94% PET yield, were done at 9.16 cpp FOB Long Beach and 9.11 cpp FOB Oakland. Grade B bales are often targeted for export from the Golden State to Southeast Asia. -- Xavier A. Cronin