Chloe Zhang
The cost of recycled plastic varies depending on the type of plastic and its grade. For example, in 2021, the national average price of Grade A film was 11.13 cents per pound, while Grade B film was 4.38 cents per pound. Sorted, baled aluminium cans are also priced per pound, at 53.31 cents. In the UK, specialist plastics can be sold for up to £250 per tonne.
| Characteristics | Values |
|---|---|
| Rebate prices for 'specialist' plastics | £200-£250 per tonne |
| Rebate prices for PVC guttering, mouldings and fixings | £250 per tonne |
| Rebate prices for acrylic PMMA scrap | £200-£250 per tonne |
| Mechanical recycling facility product price | $500/ton |
| Recycled PP in July 2020 | 3.69 cents per pound |
| National average price of Grade A film | 11.13 cents per pound |
| National average price of Grade B film | 4.38 cents per pound |
| National average price of Grade C film | 0.81 cents per pound |
| National average price of corrugated containers (PS 11) | $76 per ton |
| National average price of OCC grade | $32 per ton |
| National average price of sorted residential papers (PS 56) | $43 per ton |
| National average price of mixed paper (PS 54) | $32 per ton |
| National average price of high-grade papers | $93 per ton |
| National average price of sorted, baled aluminium cans (UBCs) | 53.31 cents per pound |
| National average price of recycled steel cans | $80.31 per ton |
What You'll Learn
- The price of recycled plastic varies depending on the type of plastic
- The price of recycled plastic is rising
- The price of recycled plastic is lower than the price of virgin plastics
- The price of recycled plastic is dependent on the type of recycling process
- The price of recycled plastic is influenced by the price of other recyclable materials
The price of recycled plastic varies depending on the type of plastic
Prices for specialist plastics are even higher. For example, PVC guttering, mouldings and fixings averaged up to £250 per tonne in 2017, while acrylic PMMA scrap from old shop display stands and office desk covers bought £200-£250 per tonne.
Plastic recycling requires a $500/ton product price to earn a 10% IRR off of c$1,000/Tpa of up-front capex.
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The price of recycled plastic is rising
Prices for specialist plastics are even higher. In 2017, PVC guttering, mouldings and fixings averaged up to £250 per tonne, while acrylic PMMA scrap from old shop display stands and office desk covers bought £200-£250 per tonne.
Prices for other recyclable materials are also rising. The national average price for sorted, baled aluminium cans (UBCs) is up 7% year-on-year, now at 53.31 cents per pound. Recycled steel cans have remained constant over the last month at $80.31 per ton, but a year ago, they sold for an average price of $102.81 per ton.
Plastic recycling requires a $500/ton product price to earn a 10% IRR off of c$1,000/Tpa of up-front capex.
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The price of recycled plastic is lower than the price of virgin plastics
In 2017, the average price for PVC guttering, mouldings and fixings was up to £250 per tonne. Acrylic PMMA scrap from old shop display stands and office desk covers bought £200-£250 per tonne.
In comparison, plastic recycling requires a $500/ton product price to earn a 10% IRR off of c$1,000/Tpa of up-front capex. This is up to 80-90% below the price of virgin plastics.
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The price of recycled plastic is dependent on the type of recycling process
The cost of plastic recycling at a mechanical recycling facility is $500/ton to earn a 10% IRR off of c$1,000/Tpa of up-front capex. The 2017 averages for PVC guttering, mouldings and fixings were up to £250 per tonne, while acrylic PMMA scrap from old shop display stands and office desk covers bought £200-£250 per tonne.
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The price of recycled plastic is influenced by the price of other recyclable materials
The price of recycled plastic is also influenced by the type of plastic being recycled. For example, the average price of Grade A film is now at 11.13 cents, compared with 10.84 cents per pound last month. Grade B film is now 4.38 cents, up from 3.63 cents per pound last month. Grade C film remains at 0.81 cents per pound.
Prices for most recycled plastics continue to rise. Last July, recycled PP was at a low of 3.69 cents per pound. The national average price of 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.
The price of recycled plastic is also influenced by the cost of recycling. For example, plastic recycling requires a $500/ton product price to earn a 10% IRR off of c$1,000/Tpa of up-front capex.
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Frequently asked questions
The price of recycled plastic varies depending on the type of plastic and the grade. For example, the national average price of Grade A film is 11.13 cents per pound, while Grade B film is 4.38 cents per pound and Grade C film is 0.81 cents per pound.
Specialist plastics tend to have higher rebate prices. For example, PVC guttering, mouldings and fixings averaged up to £250 per tonne in 2017, while acrylic PMMA scrap from old shop display stands and office desk covers bought £200-£250 per tonne.
Plastic recycling requires a $500/ton product price to earn a 10% IRR off of c$1,000/Tpa of up-front capex.
Recycled plastic tends to be cheaper than non-recycled plastic. For example, recycled steel cans sold for an average price of $102.81 per ton a year ago, while non-recycled steel cans would likely be priced higher.
