Profit analysis of starting copper wire recycling business

Copper wire recycling business is getting more and more popular in recent years, why people are starting to do copper wire recycling business? You are going to find the answers in this article, let's talk about profit analysis of starting copper wire recycling business.

3D pricture of copper wire recycling machine

First is the raw material waste cables and wires. Copper cables can be found everywhere in our daily life, such as car wires, phone wires, ear phone wires, of course lots of industrial cables. These waste wires and cables can be found at car dismantling factory, you can also buy it from waste wire traders and the price is cheap. The price of waste cables and wires is $3200 per ton on the market.

Different kinds of waste cables and wires

And then is the price of separated copper and plastic. Every one ton of waste cables and wires, the copper content is 60% and the plastic content is 40%. The price of separated copper is $6000 and the price of plastic is $570 per ton.

The separated copper and plastic

We have a profit analysis of 500kg/h copper wire recycling machine according to Chinese market, let’s do some analysis specifically.

We all know that the profit is revenue minus cost. Taking eight hours of work per day as an example, one set 500 kg/h copper wire recycling machine can process 4 tons of waste cables and wires every day to obtain 2.4 tons of copper and 1.6 tons of plastic. After deducting the cost of raw materials, electricity consumption and labor costs, the net profit is about $2,000 dollars per day.

Profit analysis of copper wire recycling business

From the analysis of copper wire recycling business, we can see that copper wire recycling business is a low cost and high profit business. If you are interested in this business, don’t hesitate to contact us.