The Real Value of Recycled Plastic!
You would think that because you gave away the recyclable Plastic for free you are entitled to get it back for free as recycled plastic Profiles Right unfortunately it doesn’t work like that.
Recycled Plastic is not much cheaper than pure plastic made from new materials and price fluctuates due to the economy and Demand the same as Gold or Oil.
Reason for Price!
Oil is the main Component of plastic, so as the price of oil rises so too does the price of pure Plastic,
If compared to Steel plastic has far more value and is harder to recycle as much as 90% percent of steel can be recycled because of difference in density and make up it is easier to distinguish between,
Whereas plastics only 5% to 10% of plastic in the whole world is recycled, The density and chemical makeup are so close to each other it is hard to separate them
Therefore you need a cheaper alternative in comes the recycled Plastic as the industry looks for a replacement for the more expensive pure plastic the result of increased demand then forces the price of recycled plastic up.