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PET scrap bales done at 16.11 cpp in California sale
HOUSTON, August 30, 2016 (PCW) -- Grade A PET bales in California were done Tuesday in a bid offering at 16.11 cpp FOB Long Beach, down 0.1 cpp from mid-August, and at 15.61 cpp FOB Oakland, down 0.45 cpp.
Grade B bales in the same offering were done at 10.58 cpp FOB Long Beach, unchanged, and at 10.76 cpp FOB Oakland, down 0.18 cpp.
The next Golden State PET bale bid offering is set for September 13. -- Xavier A. Cronin