Plastic Price Per Pound: Understanding The Cost Of 1000 Lbs

Plastic bottles are worth around 8-9 cents per pound, which means that 1000 lbs of plastic bottles would be worth around $80 to $90. The price of plastic fluctuates year-to-year, and some recycling centres will pay per bottle, rather than per pound. In 2017, the cost of recycling PET was around $485 a ton, with scrap value around $190 a ton. This means that the scrap value covers less than half the cost of recycling.

Plastic scrap prices

The price of plastic scrap varies depending on the type of plastic and the region. For example, the price of PET plastic bottles is around 8-9 cents per pound, which equates to $80-$90 per 1000 lbs. In March 2022, PP was trading for 29.44 cents per pound, while the national average price of Grade A film was 16.94 cents per pound. The price of plastic scrap is also influenced by the demand for recycled plastic and the cost of recycling. In 2017, the cost of recycling PET was around $485 a ton, with a scrap value of around $190 a ton. This means that the scrap value covers less than half the cost of recycling, making it more valuable to recycle than to send to scrap.

ScrapMonster is North America's largest scrap trading platform, providing national average prices for plastic scrap paid by scrap yards in the USA. The prices are collected directly from scrap yards and updated bi-weekly. The platform also provides city-average prices for specific locations, such as Phoenix, Arizona.

Plastic recycling costs

The cost of recycling PET plastic was around $485 a ton in 2017, with scrap value at around $190 a ton. This means that the scrap value covers less than half the cost of recycling. PET plastic bottles are worth around 8-9 cents per pound, which fluctuates year-to-year. In 2021, Michigan was paying 10 cents per bottle. It's important to know the rules of your local recycling centre, as some will want the lids and labels removed. Collecting a large amount of bottles before dropping them off will help you maximise your earnings.

Plastic manufacturing costs

The cost of plastic depends on a variety of factors, including the type of plastic, the location, and whether the plastic is new or recycled.

Plastic bottles such as PET (the type used for soda bottles) are worth around 8-9 cents per pound, or 5-10 cents per bottle. This can vary from place to place; for example, in 2021, Michigan was paying 10 cents per bottle.

The cost of recycling PET in 2017 was around $485 a ton, with scrap value at around $190 a ton. This means that recycling is more valuable than sending plastic to scrap.

When it comes to manufacturing plastic parts, the cost can depend on the machine rate, which can be around $130/hr. Some manufacturers include the cost of plastic in this rate, while others charge the customer for plastic separately. The cost per part decreases as the number of mold cavities increases.

Plastic molding machine rates

Plastic bottles are worth around 8-9 cents per pound, which equates to $800-900 for 1000 lbs. The cost of recycling PET in 2017 was around $485 a ton, with scrap value around $190 a ton.

When it comes to plastic moulding machine rates, the cost can vary depending on several factors. Firstly, the type of plastic being used will impact the cost. Different types of plastic have different prices per pound, so the cost of the raw material will be a factor in the overall price.

Secondly, the hourly rate of the moulding machine will also affect the final cost. Some manufacturers include the cost of plastic in their hourly rate, while others charge for it separately. An example of an hourly moulding machine rate is $130 per hour.

The number of cavities in the mould is another factor that can influence the cost. As the number of cavities increases, the injection moulding cost per part decreases. This is because more parts can be produced in each cycle, spreading the fixed costs of the process over a larger number of units.

Finally, the cycle time, or the time required to complete all stages of the injection moulding process, will also impact the overall cost. A longer cycle time will result in higher costs, as more time is needed to produce each part.

Plastic bottle value

The value of plastic bottles varies depending on the type of plastic and the location. For example, in 2021, Michigan was paying 10 cents per bottle. The price of plastic scrap also varies across the USA and Canada, with the price per pound fluctuating between 8 and 9 cents. In 2017, the cost of recycling PET was around $485 a ton, with scrap value around $190 a ton. This means that the scrap value covers less than half the cost of recycling.

Some manufacturers charge customers for plastic separately, and the cost of plastic parts manufacturing can vary depending on the number of cavities in the mould.

Frequently asked questions