GlobalTrade: PET Soda Bottles to China
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 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 proper environmental license is necessary for importing PET plastic bottles. In reality the common import license requires the PET to be shredded or flaked. More frequently than not, purchasers of PET flakes are end-users that own the environmental certificate. This permits the purchaser to not only lower the expenses for importing; it gives the purchaser certain tax rebates. I have heard stories that the Chinese government plans to release environmental import licenses for full plastic bottles nonetheless , it has yet to come out.
PET flakes are usually specified by type and colour. The costliest is clean, clear, dried PET flakes without labels or bottle tops. At the time of this tract, this commodity sells for about $1100 Greenbacks 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 additional processing before usage. The price for this is around $950 Bucks per metric ton CNF China. The above costs are primarily based on extraordinarily low, nearly 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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