Since the start of the plastic scrap trading industry, PET has been a hot selling commodity. This is due 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 made into clothing.
The first thing to know about exporting and importing PET bottles to China is, like other plastic scrap, it must pass CCIC pre-inspection. As soda/water bottles generally have remaining liquids such as leftover juices, soda, for example. Soiled plastic bottles are often stinky and attract many insects like ants and flies, which is a "no-no" in the inspector's eyes. To correctly export PET bottles to China, they are shredded (release liquids) and put through a fast water bath. To cut back the humidity within the PET flakes, the semi-cleaned flakes are left out in the sunshine for drying and then was compacted and baled for shipment.
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 sometimes categorized by type and color. The most costly is clean, clear, dried PET flakes without labels or bottle caps. At the time of this text, this commodity sells for nearly $1100 DOLLARS per metric ton CNF China. The less desirable is clear PET flakes with labels and bottle caps which are made with PP or PE plastic. Once these arrive in China, they must go thru further processing before use. The price for that is around $950 DOLLARS per metric ton CNF China. The above prices are based primarily on extremely low, virtually no humidity and PVC content (or other plastics).
This should have given you elemental info on plastic scrap trading that should also help you understand it's pricing and what you can do to help make certain you get the best price for your scrap.
The first thing to know about exporting and importing PET bottles to China is, like other plastic scrap, it must pass CCIC pre-inspection. As soda/water bottles generally have remaining liquids such as leftover juices, soda, for example. Soiled plastic bottles are often stinky and attract many insects like ants and flies, which is a "no-no" in the inspector's eyes. To correctly export PET bottles to China, they are shredded (release liquids) and put through a fast water bath. To cut back the humidity within the PET flakes, the semi-cleaned flakes are left out in the sunshine for drying and then was compacted and baled for shipment.
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 sometimes categorized by type and color. The most costly is clean, clear, dried PET flakes without labels or bottle caps. At the time of this text, this commodity sells for nearly $1100 DOLLARS per metric ton CNF China. The less desirable is clear PET flakes with labels and bottle caps which are made with PP or PE plastic. Once these arrive in China, they must go thru further processing before use. The price for that is around $950 DOLLARS per metric ton CNF China. The above prices are based primarily on extremely low, virtually no humidity and PVC content (or other plastics).
This should have given you elemental info on plastic scrap trading that should also help you understand it's pricing and what you can do to help make certain you get the best price for your scrap.
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