SMX says virgin plastic costs rise to ~$950-$1,100 per ton; recycled plastic prices range ~$1,200-$1,400 per ton

Reuters
Yesterday
SMX says virgin plastic costs rise to ~$950-$1,100 per ton; recycled plastic prices range ~$1,200-$1,400 per ton
  • SMX analysis said the cost gap between virgin and recycled plastic is narrowing as energy volatility and tighter regulation pressure virgin resin economics.
  • The report put virgin plastic at ~$950-$1,100 per ton and recycled plastic at ~$1,200-$1,400 per ton.
  • Under combined shocks, it said virgin plastic trends toward ~$1,840 per ton while recycled plastic rises to ~$1,430 per ton.
  • SMX said its approach embeds an invisible molecular marker into plastic and links it to a secure digital record to verify origin, composition, recycled content, and lifecycle history.
  • The analysis said verified recycled plastic can be converted into Plastic Cycle Token $(PCT)$, described as a tradable digital asset tied to measured industrial activity.


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