In some cases, the cost of recyclable materials also exceeds the cost of raw materials. Virgin plastic resin costs 40 percent less than recycled resin. Additionally, a United States Environmental Protection Agency (EPA) study that tracked the price of clear glass from July 15 to August 2, 1991, found that the average cost per ton ranged from $40 to $60, while a USGS report shows that the cost per ton of raw silica sand from years 1993 to 1997 fell between $17.33 and $18.10.
There are some ISO standards relating to recycling such as ISO 15270:2008 for plastics waste and ISO 14001:2004 for environmental management control of recycling practice.
Recyclable materials include many kinds of glass, paper, metal, plastic, textiles, and electronics. Although similar in effect, the composting or other reuse of biodegradable waste—such as food or garden waste—is not typically considered recycling. Paper recycling. Materials to be recycled are either brought to a collection center or picked up from the curbside, then sorted, cleaned, and reprocessed into new materials bound for manufacturing.
Certain requirements must be met for recycling to be economically feasible and environmentally effective. These include an adequate source of recyclates, a system to extract those recyclates from the waste stream, a nearby factory capable of reprocessing the recyclates, and a potential demand for the recycled products. These last two requirements are often overlooked—without both an industrial market for production using the collected materials and a consumer market for the manufactured goods, recycling is incomplete and in fact only collection.
In order to meet recyclers' needs while providing manufacturers a consistent, uniform system, a coding system is developed. The recycling code for plastics was introduced in 1988 by plastics industry through the Society of the Plastics Industry, Inc. Because municipal recycling programs traditionally have targeted packaging—primarily bottles and containers—the resin coding system offered a means of identifying the resin content of bottles and containers commonly found in the residential waste stream.
Certain countries trade in unprocessed recyclates. Some have complained that the ultimate fate of recyclates sold to another country is unknown and they may end up in landfills instead of reprocessed. According to one report, in America, 50–80 percent of computers destined for recycling are actually not recycled. There are reports of illegal-waste imports to China being dismantled and recycled solely for monetary gain, without consideration for workers' health or environmental damage. Although the Chinese government has banned these practices, it has not been able to eradicate them. In 2008, the prices of recyclable waste plummeted before rebounding in 2009. Cardboard averaged about £53/tonne from 2004–2008, dropped to £19/tonne, and then went up to £59/tonne in May 2009. PET plastic averaged about £156/tonne, dropped to £75/tonne and then moved up to £195/tonne in May 2009. Certain regions have difficulty using or exporting as much of a material as they recycle. This problem is most prevalent with glass: both Britain and the U.S. import large quantities of wine bottled in green glass. Though much of this glass is sent to be recycled, outside the American Midwest there is not enough wine production to use all of the reprocessed material. The extra must be downcycled into building materials or re-inserted into the regular waste stream