
The price of recycled plastic varies depending on a number of factors, including the type of plastic, market demand and supply, production costs, economic conditions and location. For example, the price of PVC (polyvinyl chloride) is often higher than PE because it is more difficult to produce and recycle. The price of polystyrene (PS) can also be influenced by demand from industries that use it as a raw material, such as the food industry and packaging. The cost of recycled plastic is also impacted by the prices of raw materials used in its production, such as petroleum, which have seen an increase in prices due to growing demand and decreased production.
Characteristics | Values |
---|---|
Price per tonne | $76 |
Influencing factors | Market demand and supply, production costs, subsidies, economic conditions, general policies, quality and quantity of raw materials, changes in exchange rates, fluctuations in commodity prices, taxes and customs duties, location |
Common raw materials | Ethane, propane, butane |
What You'll Learn
- The price of recycled plastic is influenced by market demand and supply
- Production costs, such as the cost of raw materials, can impact the price of recycled plastic
- The price of recycled plastic can be influenced by the location of the buyer or seller
- The price of recycled plastic is influenced by economic conditions and general policies
- The price of recycled plastic can be influenced by changes in exchange rates and fluctuations in commodity prices
The price of recycled plastic is influenced by market demand and supply
Changes in exchange rates and fluctuations in commodity prices can also impact the prices of tonnes of plastic. Taxes and customs duties can also have a significant impact. Finally, location can also play a role in determining prices. Prices may vary depending on the region where the buyer or seller is located, depending on the local availability of the material.
The most common raw materials used to create plastic are ethane, propane and butane. From the second quarter of 2021, the prices of plastic packaging have seen a sharp increase. This price increase is mainly due to an unusual increase in raw material and energy prices. This is because raw materials used in the production of plastic, such as petroleum, have seen an increase in prices due to the growing demand for petroleum products and the decrease in production.
The national average price for corrugated containers (PS 11) remained constant month-over-month. It’s currently trading at $76 per ton. The OCC grade was at roughly $32 per ton one year ago. Sorted residential papers (PS 56) are down marginally over the last month, falling about $1 to $43 per ton. Mixed paper (PS 54) also dropped slightly, from an average of $33 per ton in January to $32 per ton in February. High-grade papers, meanwhile, are up an average $5 to $10 per ton again this month, with sorted office papers (PS 37) now trading around $93 per ton.
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Production costs, such as the cost of raw materials, can impact the price of recycled plastic
The price of polystyrene (PS) can also be influenced by demand from industries that use it as a raw material, such as the food industry and packaging. The price of a tonne of plastic can also be influenced by market demand and supply, subsidies, economic conditions and general policies. The quality and quantity of raw materials used to produce plastic can also influence prices.
Changes in exchange rates and fluctuations in commodity prices can also impact the prices of tonnes of plastic. Taxes and customs duties can also have a significant impact. Finally, location can also play a role in determining prices. Prices may vary depending on the region where the buyer or seller is located, depending on the local availability of the material.
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The price of recycled plastic can be influenced by the location of the buyer or seller
The price of polystyrene (PS) can also be influenced by demand from industries that use it as a raw material, such as the food industry and packaging. The most common raw materials used to create plastic are ethane, propane and butane. From the second quarter of 2021, the prices of plastic packaging have seen a sharp increase. This price increase is mainly due to an unusual increase in raw material and energy prices. This is because raw materials used in the production of plastic, such as petroleum, have seen an increase in prices due to the growing demand for petroleum products and the decrease in production.
Additionally, changes in exchange rates and fluctuations in commodity prices can also impact the prices of tonnes of plastic. Taxes and customs duties can also have a significant impact on the final price.
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The price of recycled plastic is influenced by economic conditions and general policies
The price of recycled plastic is influenced by a variety of factors, including economic conditions and general policies. For example, the price of polystyrene (PS) can be influenced by demand from industries that use it as a raw material, such as the food industry and packaging. The price of PVC (polyvinyl chloride) is often more expensive than PE because it is more difficult to produce and recycle.
Economic conditions, such as market demand and supply, production costs, and subsidies, can also impact the price of recycled plastic. For instance, changes in raw material and energy prices can cause fluctuations in the cost of plastic packaging. This was evident in the second quarter of 2021 when there was an unusual increase in raw material and energy prices, leading to a sharp increase in the prices of plastic packaging.
General policies, such as taxes and customs duties, can also play a significant role in determining the price of recycled plastic. Additionally, location can influence prices, with variations depending on the region where the buyer or seller is located and the local availability of the material.
The interplay between economic conditions and general policies shapes the market for recycled plastic, with the former influencing demand and supply dynamics, and the latter setting the framework within which the market operates.
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The price of recycled plastic can be influenced by changes in exchange rates and fluctuations in commodity prices
The price of recycled plastic is influenced by a variety of factors, including changes in exchange rates and fluctuations in commodity prices. For example, the price of polystyrene (PS) can be influenced by demand from industries that use it as a raw material, such as the food industry and packaging. The price of PVC (polyvinyl chloride) is often more expensive than PE because it is more difficult to produce and recycle.
Prices of plastic packaging have seen a sharp increase since the second quarter of 2021, mainly due to an unusual increase in raw material and energy prices. This is because raw materials used in the production of plastic, such as petroleum, have seen an increase in prices due to the growing demand for petroleum products and the decrease in production.
Market demand and supply, production costs, subsidies, economic conditions, and general policies can also impact the price of recycled plastic. The quality and quantity of raw materials used to produce plastic can influence prices, as can taxes and customs duties.
The location of the buyer or seller can also play a role in determining prices, as prices may vary depending on the region where they are located and the local availability of the material. For example, the national average price for sorted, baled aluminum cans (UBCs) in the US was 53.31 cents per pound in February 2021, a 7% increase over the previous year.
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Frequently asked questions
The cost of recycled plastic can vary depending on several factors, including market demand and supply, production costs, economic conditions, and location.
In addition to market demand and supply, production costs, and economic conditions, the price of recycled plastic can also be influenced by subsidies, policies, the quality and quantity of raw materials used, changes in exchange rates, fluctuations in commodity prices, taxes and customs duties, and location.
The demand for recycled plastic can influence its price, as higher demand may lead to increased prices. Additionally, the demand from specific industries, such as the food industry and packaging, can impact the price of certain types of plastic, like polystyrene (PS).
Yes, the price of recycled plastic can also be influenced by the location of the buyer or seller, as prices may vary depending on the local availability of the material.