Chloe Zhang
The price of recycled plastic varies depending on the type of plastic and the grade. For example, recycled PET costs about $0.58/lb, while recycled HDPE pellets are $0.34/lb. Prices also vary depending on the region, with some areas reporting highs of over 23 cents per pound. The market price for PET is 8.63 cents per pound, while natural HDPE is 70.25 cents per pound.
| Characteristics | Values |
|---|---|
| Recycled PET | $0.58/lb |
| New PET | $0.76/lb |
| Recycled HDPE pellets | $0.34/lb |
| New HDPE | $0.38/lb |
| PET | 8.63 cents per pound |
| Natural HDPE | 70.25 cents per pound |
| Recycled PP | 3.69 cents per pound |
| Grade A film | 11.13 cents per pound |
| Grade B film | 4.38 cents per pound |
| Grade C film | 0.81 cents per pound |
| Corrugated containers (PS 11) | $76 per ton |
| OCC grade | $32 per ton |
| Post-consumer polypropylene | 18.44 cents per pound |
What You'll Learn
Recycled PET costs $0.58/lb
Recycling plastics costs about 204 EUR/t, which is only profitable when oil prices are high. Different countries have different rules to encourage recycling. For example, China banned plastic imports in 2018, sending waste to places like Malaysia and Vietnam. This move shows how big of an impact government policies can have globally.
The European Union is considering stopping plastic waste exports to non-OECD countries to avoid harm and waste mismanagement abroad. Tax benefits and subsidies are key to making recycling more profitable.
Recycled HDPE pellets are $0.34/lb while new HDPE is $0.38/lb. Natural HDPE is 70.25 cents per pound. Recycled PP was at a low of 3.69 cents per pound last July, while the national average price of Grade A film is now at 11.13 cents, and Grade B film is now 4.38 cents. Some regions have reported highs over 23 cents per pound.
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Recycled HDPE pellets are $0.34/lb
The price of recycled plastic is impacted by oil prices, and government policies, such as China's ban on plastic imports in 2018, which had a global impact. The price of recycled plastic is also impacted by the grade of the plastic, with Grade A film trading at a higher price than Grade B or C film. The price of recycled plastic is projected to double by 2035 and quadruple by 2050, showing the constant need for both new and recycled plastics.
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PET is 8.63 cents per pound
The price of recycled plastic varies depending on the type of plastic and the grade. For example, Grade A film is now at 11.13 cents per pound, while Grade C film is much cheaper at 0.81 cents per pound. Prices also vary depending on the region, with some regions reporting highs of over 23 cents per pound.
The price of recycled plastic is influenced by several factors, including oil prices and government policies. For example, China's ban on plastic imports in 2018 sent waste to other countries like Malaysia and Vietnam, demonstrating the global impact of government policies. The European Union is also considering stopping plastic waste exports to non-OECD countries to avoid harm and waste mismanagement abroad.
Tax benefits and subsidies are key to making recycling more profitable. With the constant need for both new and recycled plastics, it is projected that the demand for recycled plastic will double by 2035 and quadruple by 2050.
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Natural HDPE is 70.25 cents per pound
Recycled PET is 58 cents per pound, which is also cheaper than new PET, which is 76 cents per pound.
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 C film is only 0.81 cents per pound.
Prices for recycled plastic also vary by region, with some regions reporting highs of over 23 cents per pound.
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Recycled PP was 3.69 cents per pound last July
The price of recycled plastic varies depending on the type of plastic. For example, recycled PET costs about $0.58/lb, while recycled HDPE pellets are $0.34/lb. Natural HDPE is 70.25 cents per pound, while PET is 8.63 cents per pound.
Last July, recycled PP was at a low of 3.69 cents per pound. This is significantly lower than the national average price of Grade A film, which is now at 11.13 cents per pound. Grade B film is now 4.38 cents, while Grade C film remains at 0.81 cents per pound. The price of recycled PP has been increasing, with the national average price of post-consumer polypropylene jumping to 18.44 cents per pound in February 2021, compared to 11.69 cents in January.
The price of recycled plastic is influenced by various factors, including oil prices and government policies. For example, China's ban on plastic imports in 2018 sent waste to other countries like Malaysia and Vietnam, demonstrating the global impact of government policies. The European Union is also considering stopping plastic waste exports to non-OECD countries to avoid harm and waste mismanagement abroad.
Tax benefits and subsidies can also play a role in making recycling more profitable. It is projected that the demand for recycled plastics will continue to rise, with the market expected to double by 2035 and quadruple by 2050. This highlights the constant need for both new and recycled plastics.
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Frequently asked questions
Recycled PET costs about $0.58/lb.
Recycled HDPE pellets are $0.34/lb.
Recycled PP was at a low of 3.69 cents per pound last July.
Natural HDPE is 70.25 cents per pound.
