Since the beginning of the plastic scrap trading industry, PET has been a hot selling commodity. This is thanks to the fact that the common plastic soda/water bottle (made with PET plastic) can be processed into recycled polyester staple fiber (PSF), which can then be manufactured into clothing.
The very first thing to understand about exporting and importing PET bottles to China is, like other plastic scrap, it must pass CCIC pre-inspection. As soda/water bottles sometimes have leftover liquids like leftover juices, soda, and so on. Mucky plastic bottles are typically pungent and attract many insects such as ants and flies, which is a definite "no-no" in the inspector's eyes. To properly export PET bottles to China, they're shredded (release liquids) and put thru a quick water bath. To reduce the humidity inside the PET flakes, the semi-cleaned flakes are left out in the sun for drying before being compressed and baled for cargo.
If the PET bottles aren't properly cleaned, that is, baled whole, they're usually sent to other nations for processing such as Hong Kong, Vietnam, Philippines, etc.
On the China side of things, a correct environmental license is needed for importing PET plastic bottles. Actually the common import license needs the PET to be shredded or flaked. More often than not, buyers of PET flakes are end-users that own the environmental certificate. This allows the buyer to not only lower the costs for importing; it gives the buyer certain tax refunds. I've been told reports the Chinese executive plans to release environmental import licenses for whole plastic bottles , however , it has still to come out.
PET flakes are often specified by type and colour. The most expensive is clean, clear, dried PET flakes without labels or bottle tops. At the time of this article, this commodity sells for around $1100 USD per metric ton CNF China. The less fascinating is clear PET flakes with labels and bottle tops which are made with PP or PE plastic. Once these arrive in China, they must go through extra processing before usage. The price for this is around $950 USD per metric ton CNF China. The above costs are based on very low, almost no humidity and PVC content (or other plastics).
This should have given you fundamental info on plastic scrap trading that should also help you in understanding it's pricing and what you can do to help ensure you get the very finest price for your scrap.
The very first thing to understand about exporting and importing PET bottles to China is, like other plastic scrap, it must pass CCIC pre-inspection. As soda/water bottles sometimes have leftover liquids like leftover juices, soda, and so on. Mucky plastic bottles are typically pungent and attract many insects such as ants and flies, which is a definite "no-no" in the inspector's eyes. To properly export PET bottles to China, they're shredded (release liquids) and put thru a quick water bath. To reduce the humidity inside the PET flakes, the semi-cleaned flakes are left out in the sun for drying before being compressed and baled for cargo.
If the PET bottles aren't properly cleaned, that is, baled whole, they're usually sent to other nations for processing such as Hong Kong, Vietnam, Philippines, etc.
On the China side of things, a correct environmental license is needed for importing PET plastic bottles. Actually the common import license needs the PET to be shredded or flaked. More often than not, buyers of PET flakes are end-users that own the environmental certificate. This allows the buyer to not only lower the costs for importing; it gives the buyer certain tax refunds. I've been told reports the Chinese executive plans to release environmental import licenses for whole plastic bottles , however , it has still to come out.
PET flakes are often specified by type and colour. The most expensive is clean, clear, dried PET flakes without labels or bottle tops. At the time of this article, this commodity sells for around $1100 USD per metric ton CNF China. The less fascinating is clear PET flakes with labels and bottle tops which are made with PP or PE plastic. Once these arrive in China, they must go through extra processing before usage. The price for this is around $950 USD per metric ton CNF China. The above costs are based on very low, almost no humidity and PVC content (or other plastics).
This should have given you fundamental info on plastic scrap trading that should also help you in understanding it's pricing and what you can do to help ensure you get the very finest price for your scrap.
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