Recycling Prices in Singapore
As a leading recycling company in Singapore, we understand the importance of staying informed about the current market rates for recyclables. The prices for recyclable materials can fluctuate based on various factors such as global demand, quality of materials, and market conditions. Here, we provide an overview of the base prices for some common recyclables – paper, metal, plastics and e-wastes, to help you understand what you can expect.
**Do note that recycling prices can vary, so we encourage you to check back with us regularly for the most up-to-date information.
Market Rate of Recyclables in Singapore
1. Cardboard and Paper Recycling Price
Cardboard and paper are among the most commonly recycled materials. The estimated base price for recycling cardboard and paper in Singapore is around SGD 0.05 per kg.
2. Metal Recycling Price
Metals are highly valuable in the recycling industry due to their ability to be reused multiple times without degrading. Non-ferrous metals (non-magnetic) like copper, aluminum, brass, stainless steel are more valuable. Although ferrous metals (magnetic) like iron do not fetch as high value as non-ferrous metal, it is more commonly available.
The base price for metal recycling varies depending on the type of metal. For instance:
- Beverage Can: SGD 0.50 per kg
- Aluminum: starts from SGD 0.80 per kg
- Copper: starts from SGD 5.00 per kg
- Steel: SGD 0.80 per kg
- Iron: SGD 0.20 per kg
3. Plastic Recycling Price
The base price for industrial plastic recycling is estimated at SGD 0.05 per kg. The price can vary depending on the type of plastic and its cleanliness.
4. E-Waste Recycling Price
Electronic waste, or e-waste, is a growing concern due to its hazardous components. Recycling e-waste not only recovers valuable materials but also prevents environmental contamination. The price for e-waste recycling usually starts around SGD 0.50 per kg.
Factors Influencing Recycling Prices
Several factors can influence the recycling price of materials, including:
- Market Demand: High demand for certain materials can drive up prices.
- Quality of Material: Clean, sorted, and high-quality recyclables fetch better prices.
- Processing Costs: The cost of processing and transportation can impact the final recycling price.
- Global Commodity Prices: International market trends can affect local recycling rates.
Why Choose Us for Your Recycling Needs?
At Gee Hoe Seng, we offer competitive transparent prices and reliable services. Our goal is to ensure that all materials are processed efficiently and responsibly while contributing to environmental sustainability.
Contact Us today to learn more about our recycling services and get a quote based on the current market rates. Together, we can make a positive impact on the environment and benefit from the value of recyclable materials.
