High-density polyethylene (HDPE) is a thermoplastic polymer made from ethylene. It is strong, durable, and resistant to impact, chemicals, and moisture. Because of its excellent properties, it is widely used in various applications such as packaging, pipes, and construction. The cost of HDPE varies depending on several factors such as the type, grade, and quantity purchased.
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The cost of HDPE is typically measured in cost per pound. According to The Plastics Exchange, as of August , the cost of HDPE ranges from $1.14 to $1.30 per pound for blow molding grade, while injection molding grade ranges from $1.20 to $1.33 per pound. These are just average prices, and the actual cost may vary depending on the manufacturer, region, and other market factors.
The cost of HDPE can be affected by supply and demand as well as raw material prices. For instance, when crude oil prices increase, the cost of HDPE may also increase because ethylene, the raw material used to make HDPE, is derived from crude oil. On the other hand, when there is an oversupply of HDPE in the market, the prices may decrease due to competition among manufacturers.
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Another factor that can affect the cost of HDPE is the grade or quality of the resin. Higher quality grades of HDPE can be more expensive because they have better properties than lower quality grades. For instance, HDPE with a higher melt flow index (MFI) is easier to process, and thus, may cost more than HDPE with a lower MFI.
Overall, the cost of HDPE per pound can be a complex issue affected by many factors. It is essential to keep in mind that the cost will vary depending on the needs of a particular application. However, HDPE remains an affordable and practical option for various industries.
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